Bitcoin Forum
September 21, 2018, 01:10:57 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3] 4 »  All
  Print  
Author Topic: Regulation Can Also Be Protection  (Read 383 times)
TIN1114
Newbie
*
Offline Offline

Activity: 134
Merit: 0


View Profile
February 10, 2018, 05:10:22 AM
 #41

I honestly agree with you. I think having the right regulations can also be beneficial for us (crypto lovers) but I'm afraid that these regulations might be use for the wrong reasons like corruption. Well, we're never certain of the future, we can only hope for the best for both parties.
Einax Airdrops and Bounties made easy! List your ERC-20 token
FREE
ETH markets launching soon!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537492257
Hero Member
*
Offline Offline

Posts: 1537492257

View Profile Personal Message (Offline)

Ignore
1537492257
Reply with quote  #2

1537492257
Report to moderator
lili song
Hero Member
*****
Offline Offline

Activity: 952
Merit: 509


🤖 UBEX.COM 🤖


View Profile
February 11, 2018, 02:37:38 AM
 #42

Regulation can protect people is yes, regulation is like a law for country and people. So for regulations is important and make it clear.
I hope regulation can be setup in some country. Regulation very important like legalized cryptocurrency.


.GLOBAL DECENTRALIZED ADVERTISING EXCHANGE.

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
                        ▄██▄     ▀█▀      ▀█▀        
                ▄█▄    ▀██▀                           
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
                ▀█▀                                    
          ▄                      ▄█▄      ▄█▄        
         ▀█▀           ▄██▄    █████    █████       
   ██          ▄█▄    ▀██▀     ▀█▀      ▀█▀        
                ▀█▀                                    
           ▄                      ▄█▄     ▄█▄        
          ▀█▀            ▄██▄   █████   █████       
    ██            ▄█▄   ▀██▀    ▀█▀     ▀█▀        
             ▄    ▀█▀                                 
            ▀█▀                         ▄█▄           
       ██              ▄█▄   ▄██▄    █████          
                  ▄    ▀█▀   ▀██▀     ▀█▀           
                 ▀█▀                                   
            ██                   ▄██▄                 
                    ▄     ▄█▄   ▀██▀                 
                   ▀█▀    ▀█▀                          

▄█   ▄█  ▄█        ▄█████▄   ▀█▄     ▄█▀
██   ██  ██▄▄▄▄▄   ██▀   ▀██    ▀█▄  ▄█▀
██   ██  ██▀▀▀▀██  ██▀▀▀▀▀▀▀      ████   
██   ██  ██   ██  ██▄   ▄█    ▄██▀▀██▄  
▀██████▀  ▀██████▀  ▀███████▀   ▄██▀   ▀██▄
Telegram
Facebook
ANN Thread
Youtube
LinkedIn
Twitter
Medium
Reddit
Github
marielbeckham
Newbie
*
Offline Offline

Activity: 195
Merit: 0


View Profile
February 11, 2018, 03:48:51 PM
 #43

But the excessive regulation may be one of the main issues in this field at the current moment.
berrymenalo
Jr. Member
*
Offline Offline

Activity: 63
Merit: 1


View Profile
February 11, 2018, 04:26:46 PM
 #44



In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.

One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.

I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.

Regulation is key. However, the crypto community should take a hint from wall street and lawyers. If the cryptocommunity simply created its own self-regulatory organization (SRO), such as FINRA or the ABA, the government will be willing to mostly defer to the SRO's rules by reasoning that the SRO best understands the landscape. We can then implement better policies than we will actually be given if handed down by a confused Congress. SRO or bust!

DeepOnion ⚡ Anonymous & Untraceable Cryptocurrency
⚡ Join DeepOnion Airdrop NOW! ⚡ (https://deeponion.org/apply.php?ref=1472593)
bitcoinvamp
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
February 11, 2018, 04:42:07 PM
 #45



In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.

One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.

I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.
Yeah i also think that if done right than the regulations implied on bitcoin can be beneficial and could be for more protection for the users. Though people who don't like to to pay tax for bitcoin would have to pay tax but other than that it will be a great advantage for users. If there are regulation in a country on bitcoin that means it will be totally legal for people and they could use it as much as they can.
Hamphser
Sr. Member
****
Offline Offline

Activity: 686
Merit: 255


BITDEPOSITARY - Make ICO's , More Secure


View Profile
February 11, 2018, 07:17:50 PM
 #46



In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.

One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.

I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.

Regulation is key. However, the crypto community should take a hint from wall street and lawyers. If the cryptocommunity simply created its own self-regulatory organization (SRO), such as FINRA or the ABA, the government will be willing to mostly defer to the SRO's rules by reasoning that the SRO best understands the landscape. We can then implement better policies than we will actually be given if handed down by a confused Congress. SRO or bust!
But this thing is not really possible and I don't even know if there would people would really be interested to make a group on having such the same views in mind. I do agree on the thing that regulation can also be a protection but would really remove the decentralized feature of crypto and not all people would really love that kind of position. Advantages of such regulation is there but everybody wont really be agreed on that.


   ▄▄██▄▄
 ▄████████
▄██████████▄
████████████
▀██████████▀
 ▀████████▀
   ▀████▀
   ▄████▄       ▄▄██▄▄
 ▄████████▄   ▄████████▄
▄███████████▄███████████▄
█████████████████████████
▀██████████▀ ▀██████████▀
 ▀████████▀   ▀████████▀
   ▀████▀       ▀████▀
   ▄████▄       ▄████▄
 ▄████████▄   ▄████████▄
▄███████████▄███████████▄
█████████████████████████
▀███████████▀███████████▀
 ▀████████▀   ▀████████▀
   ▀▀██▀▀       ▀▀██▀▀
  
  
         Q-RATIO MARKET FUNDING COMMUNITY
   MAKE ICO'S MORE SECURE,
           STOP SCAMS
WITH BITDEPOSITARY      
/
 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

    ▄█████
   ████▀▀▀
   ████
   ████
██████████
▀▀▀████▀▀
   ████
   ████
   ████
   ████
   ████
   ▀▀▀▀


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
 

             █▀▀▀▄▄▄██▄
             █     ▀██▀
            █
         ▄▄▄█▄▄▄
 ████▄▄███████████▄▄████
▐██████▀▀███████▀▀██████▌
 ▀████    █████    ████▀
  ████▄  ▄█████▄  ▄████
  ▀███████████████████▀
   ▀████▄▀█████▀▄████▀
     ▀▀███▄▄▄▄▄███▀▀
         ▀▀▀▀▀▀▀
 

   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
 ▄█████████████████████████▄
 ███████████████████████████
▐███████████████████████████▌
▐███████████  ▀█████████████▌
▐███████████     ▀██████████▌
▐███████████     ▄██████████▌
▐███████████  ▄█████████████▌
▐███████████████████████████▌
 ███████████████████████████
 ▀█████████████████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
 
in
Biscutard
Full Member
***
Offline Offline

Activity: 446
Merit: 100



View Profile
February 11, 2018, 07:49:19 PM
 #47



In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.

One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.

I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.
Yeah i also think that if done right than the regulations implied on bitcoin can be beneficial and could be for more protection for the users. Though people who don't like to to pay tax for bitcoin would have to pay tax but other than that it will be a great advantage for users. If there are regulation in a country on bitcoin that means it will be totally legal for people and they could use it as much as they can.
Since people are trading cryptocurrency into fiat currency the government are very more concerned because a lot of them are taking huge amount without having any personal information. Until it was change because of the alarming issue of taking and putting a huge amount of money in the banks.

● sgamepro ●   ❐ Telegram ❐   ❐ Whitepaper ❐     ● sgamepro ●
███   PLAY MOBILE GAMES MINE   ███
██████     CRYPTO-TOKENS EARN REAL MONEY ██████
TooDumbForBitcoin
Legendary
*
Offline Offline

Activity: 1498
Merit: 1001


best digital asset exchange


View Profile
February 11, 2018, 07:54:06 PM
 #48

I guess the well projected regulation is good for the entire industry. But it is hard to provide such at the moment. The regulators really don't know how they actually can provide some legislative frameworks.

                ▄▄█▄
             ▄█████████▄
           ▐██▀  ███ ▀▀██
           ▐█    ███   ▐█
           ▐█   ▄███▄  ▐█
           ▐█████████████
        ▄▄██████▀███▀██████▄▄
        █▀▀ █    ███   ▐▌ ▀██
        █▌  █    ███   ▐▌  ▐█
        █▄▄▄█████████████▄▄██
     ██████████████████████████▄
     █▀ ▐▌  █    ███   ▐▌  █  ▐█
     █  ▐▌  █    ███   ▐▌  ▐  ▐█
     █████▄▄█▄▄▄▄███▄▄▄██▄▄█████
     █   ▌  █▀▀▀▀███▀▀▀▐▌  ▐  ▐█
     █▄ ▐▌  █    ███   ▐▌  ▐  ▐█
     ██████▄█▄   ███  ▄▐█▄██████
     ▀▀███████████████████████▀▀
          ▀▀█████████████▀▀
               ▀▀▀█▀▀
                       ▄             ▓▓    ▓▓      ▓ ▓▓
                   ▐▓  ▓▌        ▓   ▓▓    ▓▓     ▓▓▓▓▓▓▓▄▄
                 ▄▄▐▓▄ ▓▌▓  ▄  ▐▓▓▓▓ ▓▓▓   ▓▓▓▓▄▓▓▓▓▓▓▓▓▓▓▓        ▓▌
               ▓▓▓▓▓▓▓▓▓▌▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▄▄
               ▓▓▓▓▓▓▓▓▓▌▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▌
             ▄▄▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀▀▀▀▀▀            ▀▀▀▀▀▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
             ▓▓▓▓▓▓▓▓▀▀▀                                         ▀▀▀▓▓▓▓▓▓
           ▄▓▓▀▀                                                        ▀▀▀▓▄▄
       ▄ ▀                                                                    ▀▀▄

.........CRYPTO SOUK
                ▄▄█▄
             ▄█████████▄
           ▐██▀  ███ ▀▀██
           ▐█    ███   ▐█
           ▐█   ▄███▄  ▐█
           ▐█████████████
        ▄▄██████▀███▀██████▄▄
        █▀▀ █    ███   ▐▌ ▀██
        █▌  █    ███   ▐▌  ▐█
        █▄▄▄█████████████▄▄██
     ██████████████████████████▄
     █▀ ▐▌  █    ███   ▐▌  █  ▐█
     █  ▐▌  █    ███   ▐▌  ▐  ▐█
     █████▄▄█▄▄▄▄███▄▄▄██▄▄█████
     █   ▌  █▀▀▀▀███▀▀▀▐▌  ▐  ▐█
     █▄ ▐▌  █    ███   ▐▌  ▐  ▐█
     ██████▄█▄   ███  ▄▐█▄██████
     ▀▀███████████████████████▀▀
          ▀▀█████████████▀▀
               ▀▀▀█▀▀
gentlemand
Legendary
*
Offline Offline

Activity: 1764
Merit: 1255


Hello You


View Profile
February 12, 2018, 01:24:19 AM
 #49

It would be nice to see more demonstration of knowledge from regulators, and some bleedin' pragmatism too. Look at what the New York Bitlicence did. It basically denied anyone who lives there access to vast amounts of services.

On the flipside I grow very tired of 'this is a free market so you deserve to lose all your coins in a hack.' So far the 'free market' has permitted psychopathic children to steal or lose humongous amounts of money.

I'd prefer it if the means were there to nail them to the fucking wall, or not let them get started in the first place.

entrepmind23
Sr. Member
****
Online Online

Activity: 574
Merit: 261


★Nitrogensports.eu★


View Profile
February 12, 2018, 02:14:30 AM
 #50

With the idea of freedom from those authorities provided by using cryptocurrency since it eliminates the middle man in the transaction, a regulation seems the opposite of it but it is needed because there are people who take advantage of this freedom to scam other people This is the reason why some countries decided to ban cryptocurrency because they just want to protect their citizens from the abuses that they might get by being involved in this industry.

Having freedom is a breath of fresh air but due to the people who are not contented with this freedom, they wanted more of it which would end up scamming whoever they can thus regulation is needed. As what you say OP, in an ideal world regulation is not needed but we are in real world so we need protection from all those people who have bad intentions for them to be accountable just in case.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
.BITCOIN SPORTSBOOK
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █         
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀



    CASINO    DICE    POKER   
     ▬▬  24 hour Customer Support  ▬▬   
Protected101
Full Member
***
Offline Offline

Activity: 210
Merit: 117


View Profile
February 12, 2018, 04:01:42 PM
 #51

The problem with some government when they get huge amount of income by imposing any tax on bitcoin they want to have an authority to regulate on crypto.But the good thing is we can secured  to any scammers or they will be punished if they hacked us.Legality is very important to us meaning to say they want to adapt it as our digital currency.
cyruh203
Member
**
Offline Offline

Activity: 167
Merit: 10

"Monvid : Decentralized Streaming Platform"


View Profile
February 12, 2018, 06:31:41 PM
 #52

regulation can be a protection for all users in order to avoid bad people who are trying to do something in the government. if the government allow cyptocurrency legal then strick regulation should imposed in order for us to be safe from scammer.

██████████   📺  monvid   |   The new decentralized video streaming platform   ██████████
DECENTRALIZED  •  COST EFFICIENCY  •  CENSORSHIP AND UNBLOCKING  •  UNLIMITED DISTRIBUTED NODES
Telegram  Facebook  Twitter   ▬▬  Participate Now!READ OUR WHITEPAPER  ▬▬   Instagram  Medium  Linkedin
Siopao
Full Member
***
Offline Offline

Activity: 182
Merit: 120


View Profile
February 12, 2018, 10:10:42 PM
Merited by chineseprancing (3)
 #53

Regulation van ensure a safer and more secured transaction. With this we can eliminate or punish scammers who keeps on destroying ghe reputation of btc. However regulating btc is a big change for cryptocurrency if this could be done with good intentions then I think it will build a better crypto community.
richardsNY
Legendary
*
Offline Offline

Activity: 1134
Merit: 1084


View Profile
February 12, 2018, 11:49:21 PM
 #54

if the government allow cyptocurrency legal then strick regulation should imposed in order for us to be safe from scammer.

The government is only protecting itself by coming up with all sorts of regulations, and all that to remain at least somewhat of a controlling authority in a market that can't actually be controlled. It's time for people to understand that the government doesn't care about what happens with people -- the only thing they care about is you to pay your due taxes, and the fact that they through centralized services can still more or less control you. Governments are the biggest criminals and scammers, so who exactly is there to protect the people? If you don't obey, they'll get what they want from you by force, so tell me, how fair does that sound?  Roll Eyes
onebtcforlife
Member
**
Offline Offline

Activity: 308
Merit: 10

Blockchain Powered Clinical Trial Management


View Profile
February 13, 2018, 10:31:28 AM
 #55

I honestly agree with you. I think having the right regulations can also be beneficial for us (crypto lovers) but I'm afraid that these regulations might be use for the wrong reasons like corruption. Well, we're never certain of the future, we can only hope for the best for both parties.

Regulation will work like share market because there won't be the sudden increase in the market. Still, we can make money but things will take time to regulate because they need to analyze before regulating and what are the major techniques to be followed by them.

Seva Roi
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
February 16, 2018, 01:39:33 PM
 #56



In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.

One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.

I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.

That's right, and I really agree ... as long as its regulation is not clear and as difficult to apply, we will be hard to make a good breakthrough for this virtual currency ,, but if viewed from the side of the profits, crypto is very promising .. so let's hope that the regulation can be applied, so that clear and no more worries for us all ..
kryptorian
Jr. Member
*
Offline Offline

Activity: 84
Merit: 8


View Profile
February 16, 2018, 07:10:42 PM
Merited by BitHodler (1), burner2014 (1)
 #57

In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.

One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.

I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.

I daresay you are still living in a pipe dream of sorts. People behind Cryptsy are well known but the main villain, Paul Vernon, has managed to escape and still hiding somewhere in Asia, while those who ended up caught in the end got off pretty cheap. It turned out that they in fact successfully pulled off the job and had to return stolen money ($8.2 million in total) to their clients at laughable exchange rates, something like $200 per bitcoin when bitcoin had already been well over $1,000, just short of $2,000 by the end of July, 2017. Would regulation have helped the victims of the scam in any meaningful way?

Apart from that, no amount of regulation will save you from coins theft. But theft in the cryptoverse means almost no chance of getting the stolen coins back. Sorry to sound like a wet blanket here but this is how matters stand in the crypto world. People would still be left holding empty bags.
SixOfFive
Sr. Member
****
Offline Offline

Activity: 602
Merit: 255



View Profile
February 16, 2018, 11:07:47 PM
 #58

Regulating crypto will be in favor of crypto-traders in long term scenario. This will help us to trad freely without the fear of unfairness and fraud. However, regulating crypto is not child's play, because cryptos can be accessible and transferable all around the world without any border hindrance. So regulating crypto at global level require a lot co-ordination among nations which seems to be impossible at this point of time.

███▄                 ▄███           ▄▄███▀▀█▄▄                   ▄▄█████▄▄           ███▄               ███    ▀██▄             ▄██▀
█████               ▄████       ▄▄████▄█ ██ ████▄▄           ▄▄████▀▀▀▀▀████▄▄       █████              ███      ███           ███
██████             ██████      ▀▀██▄█████▄▄███▄█▀▀▀         ███▀▀         ▀▀███      ███▀██▄            ███       ▀██▄       ▄██▀
███▀███▄         ▄██▀ ███     ███▄▀███▀████████ ████       ███               ███     ███  ███           ███         ███     ███
███  ▀███       ███▀  ███    █████ █████████  █▄▀▀▀▄█     ███                 ███    ███   ▀██▄         ███          ▀██▄ ▄██▀
███    ███▄   ▄███    ███   ▀████▀▄██████▀█████████▀██   ███                   ███   ███     ███        ███            ▀███▀
███     ▀███▄███▀     ███   █▄▄▄▄███  ████████▀███████   ███                   ███   ███      ▀██▄      ███            █████
███       █████       ███   ██▀██████████▀████████████   ███                   ███   ███        ███     ███           ██▀ ▀██
███        ▀█▀        ███    ███████▀████████▀▀▀███▄█     ███                 ███    ███         ▀██▄   ███         ▄██▀   ▀██▄
███                   ███
     █  █▀█████████ ███ ███       ███               ███     ███           ███  ███        ██▀       ▀██
███                   ███
      █████▀▄▄▀█▄██▄▀▀▀▄██         ███▄▄         ▄▄███      ███            ▀██▄███      ▄██▀         ▀██▄
███                   ███
       ▀▀██▄▀▀▄███▀████▀▀           ▀▀████▄▄▄▄▄████▀▀       ███              █████     ███             ███
███                   ███
           ▀▀██████▀▀                   ▀▀█████▀▀           ███               ▀███   ▄██▀               ▀██▄
.
.TRADE, EARN & OWN THE EXCHANGE
████   WHITEPAPER    FACEBOOK    TWITTER    LINKEDIN    TELEGRAM    CRUNCHBASE   ████
|FREETRADING &
ICO LISTING
|SUPERIORTO NASDAQ
AND LSE
|US$ 29MRAISED IN
2 WEEKS
|
[]
jaocoincrypto18
Full Member
***
Offline Offline

Activity: 420
Merit: 103


Democratizing access to entertainment financing


View Profile
February 17, 2018, 04:48:25 AM
 #59



In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.

One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.

I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.

Regulation is absolutely a protection not just it can be because without the regulation the bitcoin will becoming a threat someday that instead of helping the people it might be used to put the people at risk by allowing Bitcoin to be used in illegal activities. People who don't want to support regulation are trully those selfish and greedy individuals who only think of themselves but not the welfare of entire nation.

MOVIECOIN | THE FINTECH PLATFORM SETTING A NEW STANDARD -
▄                     - FOR ENTERTAINMENT INDUSTRY TRANSACTIONS                    
FOLLOW US: TELEGRAM | FACEBOOK | INSTAGRAM | TWITTER | LINKEDIN
futureofeth
Member
**
Offline Offline

Activity: 308
Merit: 10

Look ARROUND!


View Profile
February 17, 2018, 07:54:07 AM
 #60

Regulation can protect people is yes, regulation is like a law for country and people. So for regulations is important and make it clear.
I hope regulation can be setup in some country. Regulation very important like legalized cryptocurrency.

Cryptocurrency regulation will play the major role because i order to reduce scams happened around. Already with SEC involvement, we have seen many fewer scams with the ICO's. So regulation is next level of crypto currency future.

Pages: « 1 2 [3] 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!