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Author Topic: How to regulate crypto?  (Read 672 times)
JerryJam
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June 21, 2018, 05:06:30 PM
 #81

Not so long ago, the demand for non-governmental cryptography had some limitations. Now electronic communication technology gives us the opportunity to transfer large amounts of information. Including commercial financial personal.Cryptography aims to preserve the confidentiality of this need to cryptographic methods are not limited to government regulation.Government regulation can do a lot of harm to privacy.

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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June 21, 2018, 05:32:53 PM
 #82

We can not do this without the help of the government and I think government will obey someday because of the greatest demand of crypto currency in every society.




I think Regulation means that volatility should be greatly reduced. And here is the case market driven by demand and supply. It becomes very monumental to control the power of demand and supply of fixed / token coins in a decentralized environment.
Some level of regulation is needed, especially if we see crypto more as currency. First, cryptos must be very stable (eg mooring, which usually resides in the $ 1 equivalent zone).
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June 21, 2018, 06:00:11 PM
 #83

We can not do this without the help of the government and I think government will obey someday because of the greatest demand of crypto currency in every society.




I think Regulation means that volatility should be greatly reduced. And here is the case market driven by demand and supply. It becomes very monumental to control the power of demand and supply of fixed / token coins in a decentralized environment.
Some level of regulation is needed, especially if we see crypto more as currency. First, cryptos must be very stable (eg mooring, which usually resides in the $ 1 equivalent zone).

The motion of cryptocurrency server build a pivot to sum of the regulations so we cannot make any changes with that it is will help from other currencies to run India floor we cannot do nothing for that the only thing we can do is make transaction between this currency this will help you yeah a lot to improve crypto currencies.

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Direwolve735
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June 21, 2018, 06:07:42 PM
 #84

Attempts to legalize crypto currency have been made since the beginning of 2016. European countries are relatively supportive of innovations: they conduct research, test various ways and methods of their implementation in the real economy. For example, the Central Bank of England, although did not allowe to use blockchain, but informally asked the banks for assistance in blockchainprojects. And in the state of New York since 2015, there is a local law on licensing of activities related to crypto-currencies - BitLicense.
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June 21, 2018, 06:09:25 PM
 #85

Do we need to regulate crypto so that more countries will  allow it?
if crypto will be regulated then it will not be anymore decentralized, but we all here for that. I think it will be a death of crypto if such thing will happen
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June 21, 2018, 06:16:15 PM
 #86

Do we need to regulate crypto so that more countries will  allow it?

In my own opinion, cryptocurrency is just going fine today because the market is currently running good, the price might be decreasing but still its just because of the volatility and it will still grow up again after a few months.
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June 21, 2018, 06:41:20 PM
 #87

Cryptocurrency needs to be regulated because there is nothing like absolute freedom and it gives rise and opportunity for scam and shit coins to take advantage of an ecosystem that isn't regulated so some form of regulation is very welcome.
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June 21, 2018, 06:48:03 PM
Last edit: June 22, 2018, 06:19:42 AM by rockie87
 #88

Do we need to regulate crypto so that more countries will  allow it?
Yes we have to regulate crypto in order to have more investment and people backing this financial revolution.

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June 21, 2018, 08:46:29 PM
 #89

It is very difficult to regulate cryptocurrencies. Many people think that because cryptocurrencies are decentralised they cannot be regulated. That's obviously false. Although governments can't block certain transactions, they can still control exchanges which allow to sell Bitcoin for fiat. Regulations are needed if we want to attract more investors. Cryptocurrencies are really powerful and have a lot of potential but there is a lot of uncertainity about their future. Governments should regulate them as soon as possible.

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mrs_bitcoin
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June 21, 2018, 09:21:38 PM
 #90

There should be no regulation of cryptocurrency or it should be very superficial. In another case, it will completely change all the principles of the cryptocurrency economy.

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June 22, 2018, 04:22:53 AM
 #91

If as a user it may be very difficult to make a belief in the government to immediately formalize it because the impact will be generated from the currency crypto is also very large, especially against the condition of a future country.When the government can not make a wise rule against the crypto.

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June 22, 2018, 09:41:44 PM
 #92

I think there needs to be a crypto bond and state, where the state gets the result of crypto. it aims to maintain the crypto and convince investors.
Exactly we should increase the mountain of investors too high by supporting bitcoin and asking more people to buy and hold bitcoin for long term, bitcoin regulation needs government involvements so if our government will start supporting bitcoin it will  be no longer illegal or irregular as almost every country is now supporting bitcoin for being best investment ever.
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June 22, 2018, 10:51:10 PM
 #93

Now that ethereum and bitcoin are not securities, how do you regulate this market?
mornabo
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June 23, 2018, 04:08:11 AM
 #94

I am absolutely sure that the crypto industry need to be regulated. It need to organize  special organization(s) which has to control market and all participants and, of course, we must have logical and convenient rules to evolve the crypto industry. I mean something like CFTC.

     Regulations cannot stand if we use decentralized cryptocurrency so it needs to have centralize coin first before making a rules and regulation about cryptocurrency,perhaps it is very difficult to monitor decentralized coin, and if we notice of some centralize coin are almost have no value, so it means these will not hit the market, then why we need to go to centralize crypto if this is not demand by the market.
That is being formulated by the government how to make crypto users can be controlled while decentralization on crypto can not be removed from the inside, maybe we will find a verification system of data in the wallet or exchange so that the government knows our identity
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June 23, 2018, 10:05:19 AM
 #95

Do we need to regulate crypto so that more countries will  allow it?
Who is doing the regulation? Is it not each country that will deem it fit to come with some regulatory policies? The way you are asking it like there is going to be one single body regulation for cryptocurrency. Regulation by most countries will actually bring some good growth for the space and there is no doubt about that. The most important thing is to understand that a lot of things will change which to me will still be for the positive.
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June 23, 2018, 11:00:09 AM
 #96

Crypto does need regulation. Price manipulation, ICO scams, etc. give crypto a bad name and I believe many people are afraid to enter. With regulation, I think mass adoption is only a matter of time.

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June 23, 2018, 11:09:28 AM
 #97

I am absolutely sure that the crypto industry need to be regulated. It need to organize  special organization(s) which has to control market and all participants and, of course, we must have logical and convenient rules to evolve the crypto industry. I mean something like CFTC.
very difficult if we have to set crypto without having anything and we also have to clear what kind of order for many countries that legalize bitcoin because we know the author alone is pretty much deficient in this case...

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June 23, 2018, 11:37:01 AM
 #98

It is very difficult to regulate cryptocurrencies. Many people think that because cryptocurrencies are decentralised they cannot be regulated. That's obviously false. Although governments can't block certain transactions, they can still control exchanges which allow to sell Bitcoin for fiat. Regulations are needed if we want to attract more investors. Cryptocurrencies are really powerful and have a lot of potential but there is a lot of uncertainity about their future. Governments should regulate them as soon as possible.

I agree with you. Many businessmen avoid dealing with crypto currencies exactly because the legal status of those currencies is ambiguous. They don't even consider dealing with something which can be called illegal, and if you have a flourishing business that's understandable. Therefore, it is impossible to over-estimate the importance of such regulations for wider crypto adoption. There are millions of law-abiding businessmen who are ready to jump in at any moment.

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June 23, 2018, 11:51:06 AM
 #99

We really need to regulate crypto because it will not be far that crypto will invade countries, and so that other countries will not be left behind digital currencies through advance technology.
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June 23, 2018, 02:05:14 PM
 #100

I don't think crypto should be regulated at all. Finally, we have a tool that can make these regulations, tariffs and taxes obsolete and expose how useless and harmful they are.
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