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Question: What do you think about the fact that companies such as Coinbase have started working with regulatory bodies?  (Voting closed: July 14, 2018, 11:56:27 AM)
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Author Topic: crypto-companies are starting to show more interest in working with governments  (Read 110 times)
bitbitP (OP)
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July 09, 2018, 11:56:27 AM
 #1

Is decentralization slowly turning into centralization ?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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July 09, 2018, 12:02:25 PM
 #2

I missed the news about this, can give me its news source, sounds interesting to know and read.

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July 09, 2018, 12:06:55 PM
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Hello,

You can read more here: https://thenextweb.com/hardfork/2018/06/07/cryptocurrency-regulations/
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July 18, 2018, 03:47:56 PM
 #4

In my own opinion cryptos is a decentralized system so no one can control it even the governments cannot control cryptos but crypto-companies needs governments to bring cryptos to the main stream, taking government out of the picture, will always not to go main stream really quick.
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July 18, 2018, 03:50:19 PM
 #5

In my own opinion cryptos is a decentralized system so no one can control it even the governments cannot control cryptos but crypto-companies needs governments to bring cryptos to the main stream, taking government out of the picture, will always not to go main stream really quick.
The only point from the coin base to get the license to runs its operation without any problem and it needs a support from the regulators to approve the crypto will be traded on the coinbase and we know that US is really strict about that and that's the only way to do that.

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July 18, 2018, 03:54:27 PM
 #6

Governments need to partner with crypto companies to provide effective governance and enhance the adoption of cryptocurrencies. They cryptocurrency market has been suffering since governments declared a war on it. This news is definitely a right step in the right direction.

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July 18, 2018, 03:58:44 PM
 #7

It's like government are making harder for crypto-companies to work without their consent. And yes we can't ignore government not until the blockchain takes over the world.
Meantime, they should co-operate. Everyone would benefit from that.
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