What is really needed for crypto?

[natasha-lev]

What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

[1715341358]

1715341358

[Snarks]

Cryptocurrencies were created in protest to the monetary policy from central banks supported by governments. If governments regulate crypto without changing policy, like in the USA only accredited (rich) investors are allowed to invest in ICO's, wouldn't that defeat the purpose of crypto?

[000JC88]

What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

Both worlds will co exist, because is in the nature of cryptos this. But unfortunately token economy will be the next state of world global economy.

[CryptoBuds]

While the government does not take its final position in relation to the crypto currency, I prefer the second way. I think that many people will choose this way. And my guesses are confirmed by the fact that now there is a strong interest in private coins.

[Visin]

While the government does not take its final position in relation to the crypto currency, I prefer the second way. I think that many people will choose this way. And my guesses are confirmed by the fact that now there is a strong interest in private coins.

Private coins is not going to cause a stir in the currency area. If the public can't get coins then it doesn't matter.

[talkbitcoin]

the way i see it is that bitcoin and by extension most of the cryptocurrency market (excluding possibly scammy ICOs) will be regulated by most of the world. meaning something about 80% of the countries will regulate them properly like Japan and many other countries have already done.

and the rest of the 20% may do some weird regulation or even ban them which means in that 20% people will simply use decentralization to go around the ridiculous laws.

[tenebriscaelum]

I would rather have crypto made as a form of payment in the real world there are only few of establishments that are accepting crypto as a mode of payment and I believe that this will make a huge change in the crypto industry in general. One it will be in demand such as fiat currency which will make is price higher and another is that it will make early adopters or holders profitable.

[Emperor of Man]

The most important thing for crypto development is, to be "crypto development"! Not scammy worthless speculation only wannabe cryptocurrencies!

That being said, of your 2 choices I personally like the second a lot more. Bitcoin was created to fight centralization of money and a world of filth that comes with it, but nowadays everybody says get it regulated so that the big big money comes in! We should not forget our roots...

[KJMZNine]

We need some regulation by the government  or something for all the people that try to scam all day long in crypto.

We have so many ICOs that are just scam and the people still invest into these projects. We need somebody who is watching all these upcoming ICOs to make sure that they are legit

[sparg]

There should be a link between them because in my case for example i dont know how to declare the income in order to pay the proper taxes so that i dont have any problem with the goverment. But in my case the laws changes every year and we have a uncertain eviroment because our goverment its keep on changing.
On other matters i dont think that goverment should have anything to say because this market was born as a free market and it should stay that way.

[slaman29]

What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

This will help adoption, legitimization, recognition acceptance and so on, yes. But not really development, unless you want corporates to pour more money into R and D. Development happens independently of all these, like it always has.

But yes, further decentralization is absolutely necessary. Blockchain will definitely help to decentralize the Internet, I hope this will happen soon because the web especially is so centralized now, we have no idea that everything we see is what people want us to see.

[sourish]

Though second is a simpler first choice for most, having the first would just remove the uncertainty lying ominously there.

[tsaroz]

At current times, crypto is not just a thing, its a whole new field of technology.
There are and there will be all sort of cryptocoins ranging from underground anonymous to regulated or even government controlled/fiat cryptos.
And they'll have different use and preferences.

[KTPU777]

I prefer the second option. Because the crypt is originally decentralization. And the regulation here is inappropriate. But as everyone here understands that without governments there will not be.

[maverickasf]

What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

of course, go underground, the government will always tear off a huge chunk and prevent the people from earning

[Azzhan]

In my view, the current cryptocurrency may have a certain bubble.
It is necessary to establish a universal currency, so I am optimistic about bitcoin, and I hope it will become a universal currency.

[X-ray]

What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

I will choose the same thing like you, the number one means if crypto already moved to the centralized thing because the government able to control it. But the problem is if you are trying to depositing your money to the crypto and then the only possible thing is through centralized exchange site, but decentralized exchange can become a good option too. But how so many countries against crypto in these days. I remember that when crypto stand with its legs.

[Invest-or]

What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

I think that mass adoption would require projects like this one: https://fuzex.co/
A card that can give you real-time rates for your cryptos as you are going to pay, a biometric security sensor embeded... I would not believe anyone could be up to the task, but the thing is that the team looks just the right people to make this possible.

[earl07]

What do you think is really important for crypto development? We saw many government regulations and understand that we are dependent on them.
We have two ways:
- get adequate regulations from government, or
- go underground with decentralized exchanges,  markets and internet.
I prefer second point.  What would you choose?

I preferably choose the second choice also.If the government take control of crypto coin or regulate them,then the purpose of its creator (satoshi nakomoto) would goes to nothing.Decentralized nature of them is a good asset that helps every individual,and it will always suppose to be.It's  seems to be sad that every users would all go through the government.Specially for those country that has a corrupt government and they are the only get benefit from it.

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