[2017-12-15] Japan and South Korea Regulations Are Good For Bitcoin

[crypto_fanatic44]

Charlie Lee (Litecoin creator and former Coinbase executive) discussed the future of bitcoin, Litecoin, and the cryptocurrency market in the long-term.
Lee offered his viewpoint on a wide array of cryptocurrency-related topics including the short-term price trend of Litecoin, current regulatory frameworks for the cryptocurrency market in Japan and South Korea, and the usage of bitcoin and Litecoin as actual currencies.

Full article on: http://cryptobible.io/japan-south-korea-regulations-good-bitcoin/

[vit05]

Are good for the price. But I do not know how much it would be good for the Idea of creating a whole new economic system.
Because that what whole cryptocurrency projects would do if the government does not try to get back the control of the coins. Unfortaly Bitcoin is too expensive now to change hands. So people would just use for speculation.

[Slow death]

talking about regulation, it will be very good if all exchanges are regulated, in my opinion the exchange must have a license, the exchanges must have physical office and post addresses on the site of these physical office, the exchanges must be inspected periodically and must be evaluated by a point system where these points were to increase or decrease depending on the accusation of scam, for example if many people complained that their accounts were blocked and that they sent many tickets to the support and those tickets were ignored the exchange would lose certain points. We need to have exchange that provide high quality services.