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How long will it take for countries to regulate Cryptocurrencys ?
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Topic: How long will it take for countries to regulate Cryptocurrencys ? (Read 208 times)
Carlsen
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Re: How long will it take for countries to regulate Cryptocurrencys ?
January 26, 2018, 09:06:58 AM
#21
I do not think that regulation is a bad thing for crypto currencies. Because what is regulated in most cases are the exchanges.
In contrary, I expect from a regulated market a slow and steady growth. And that is something I prefere more than the high volatility we have seen in the past.
By regulations bitcoin does not lose most of its qualities. The transactions still stay anonymous, and the limit will stay at 21 million bitcoins.
And there is another thing: in an unregulated market the most ruthless players win. I don't like this idea!
It's me!!!
johanesrobin
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Re: How long will it take for countries to regulate Cryptocurrencys ?
January 26, 2018, 09:27:54 AM
#22
Maybe I'll just be a spectator, when all the States have already made rules about using Bitcoin. Even Japan has 100% legalize Bitcoin transactions.
My country is still behind, and it takes a long process to accept Bitcoin as a possible 2020 transact tool.
Tonygold1967
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Re: How long will it take for countries to regulate Cryptocurrencys ?
January 26, 2018, 09:38:39 AM
#23
It depends on country and popularity of cryptos in it, also it will depend on the influence of cryptos on the country economics.
Riddikulo
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Re: How long will it take for countries to regulate Cryptocurrencys ?
January 28, 2018, 12:42:55 PM
#24
I am not sure these laws (about cryptocurrency regulations) will work. Crypto traders (for instance from Russia and South Korea) will find the ways to stay anonymous. Tax for trading and mining is also something very vague — how they will estimate it?
Sheckley
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Re: How long will it take for countries to regulate Cryptocurrencys ?
January 28, 2018, 05:12:21 PM
#25
I guess it may happen pretty fast, once the people who are telling to the governments what to do will decide to take action. I guess we will be surprised by their speed.
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