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Author Topic: Should Cryptocurrencies really need to be regulated?  (Read 506 times)
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harishperfect (OP)
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December 23, 2013, 10:07:28 PM
 #1

I was just thinking whether if a new regulated fixed price-balanced output volume coin can be introduced to make online purchases and other e-commerce simpler. This way the buyer or seller need not have to worry about the volatility of the currency. Its like a standard value coin sort of stuff. Why can't this be introduced?? I think its a good idea to create a fixed value coin and not trade with it but use as a means to store the value.
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December 23, 2013, 10:30:04 PM
 #2

Indeed. Furthermore, pulling a bit of money and new cryptocoins out of thin air is fun, but a worrying trend for long term. This has opened a Pandora Box.

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NixZiZ
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December 23, 2013, 10:50:38 PM
 #3

I think the EXCHANGES should be regulated, but not the currency itself. This keeps the currency free from most government intrusion while keeping the exchanges honest.
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December 24, 2013, 12:05:25 PM
 #4

@harishperfect Sure but only to avoid Catcoin to be the next Dogecoin Grin
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