How to regulate crypto?

[worle1bm]

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

Regulation means losing control as government will put centralization measures over it's use and cryptos will losse their unique feature of decentralization and volatility will reduce so as the growth of coins and price hypes.Countries need to promote blockchain technology with them and can have a taxation scheme on its income.

[thevlox]

I'm sure the crypto's people are trying to control it. They are trying to bring it into law and the crypto rules are more controletive.

[Babyhouse]

Yes because it would increase the flow of institutional capital into cryptocurrency markets. And that would further strengthen corporate governance in cryptocurrency companies.The trick for regulators is to balance investor protection and systemic stability with the need to protect innovation and encourage capital formation in different legal systems.

[Choyor]

This decentralized crypto is meant to have a market of its own. If the critic becomes centered then it will affect the market and the price of Bitcoin itself. I think with the existence of the regulation of the government it will not affect the interest of adoption of the people on a large scale, the government only want to closely monitor the usage of this crypto, as well as the transactions that are going on in this crypto world.

[topkhai]

Crypto is a commodity, it needs more settings, users will be better protected and feel safe with the investment made. In addition, this could be an opportunity for the cryptocurrency market to develop in a better direction

[xTz]

Regulation can add stability to price, also will bring new money into the market.
So to me is good to regulate exchanges.
What i do not want, to pay taxes/fees for bitcoin.
For me is absurd to pay taxes just because i bought bitcoins. I see bitcoin as a currency more then i see it as a store of value.
Is like i exchange dollars into my fiat national currency and i have to pay taxes. Since bitcoin is not a commodity nor a business organisation, i do not want to pay taxes just because i own it.
A really good regulation i would like to impose limits in trading, so whales and market manipulators cannot manipulate prices. If individuals have a daily limit for how much they can buy or sell, is good from my view.

[robbietobby]

I don't think that it is proper to regulate bitcoin/crypto. I would like to refer to my opinion including but not limited to things you want to voice out. Well, I think if cryptocurrency will be regulated and its implementation would suffice this very day, then all of us in all of a sudden will be outmembered since the government would use this in their own proliferation of money. And I think it will be the best way to get doomed by this poverty. I would like to give everybody a chance by just joining campaign they're helping poor people like us, by just staking/mining/investing. One more thing, regulation means implementation of strict rules that any one cannot be given a guaranteed to join.

[gamalzour]

I don't think that it is proper to regulate bitcoin/crypto. I would like to refer to my opinion including but not limited to things you want to voice out. Well, I think if cryptocurrency will be regulated and its implementation would suffice this very day, then all of us in all of a sudden will be outmembered since the government would use this in their own proliferation of money. And I think it will be the best way to get doomed by this poverty. I would like to give everybody a chance by just joining campaign they're helping poor people like us, by just staking/mining/investing. One more thing, regulation means implementation of strict rules that any one cannot be given a guaranteed to join.

Look we need to understand something very important here. I know you and many others do have reservations for legalization of bitcoin. But don’t you think when bitcoin would be accepted and get into legislation for legalization, there would be a proper interference of citizens too. Our politicians can never only think about themselves. They must consider our point of view as well, so things would become fine then.

[el kaka22]

I don't think that it is proper to regulate bitcoin/crypto. I would like to refer to my opinion including but not limited to things you want to voice out. Well, I think if cryptocurrency will be regulated and its implementation would suffice this very day, then all of us in all of a sudden will be outmembered since the government would use this in their own proliferation of money. And I think it will be the best way to get doomed by this poverty. I would like to give everybody a chance by just joining campaign they're helping poor people like us, by just staking/mining/investing. One more thing, regulation means implementation of strict rules that any one cannot be given a guaranteed to join.

Look we need to understand something very important here. I know you and many others do have reservations for legalization of bitcoin. But don’t you think when bitcoin would be accepted and get into legislation for legalization, there would be a proper interference of citizens too. Our politicians can never only think about themselves. They must consider our point of view as well, so things would become fine then.

Put up taxes and regulations on government laws. If you do that people will put up their profits and capital gains on paper and they will pay for it, hell I would love it if I could pay taxes because at least I wouldn't have to hide my profits and be scared and hope government doesn't find out. This lawless way is the worst because we do not know what will happen. If there was a law at least I would know what to do.

After the law states then we can just earn money whatever way we want just like dollar or fiat currency of your nation and then we can pay taxes on it and will not have to worry about it. Regulation may help bitcoin to spread out in short term basis. In long term perspective, we do not need any regulation nor governance for bitcoin to survive.

[RudeeTam]

It's a big step and a necessary one for bitcoin and crypto to be known to the citizens. With regulations, it means that the Government acknowledges it and makes it seem safer to trade in crypto.

[qwerty12]

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

Related to that, Bitcoin is no different from other devices or resources that must follow different rules in each country.

How to regulate crypto? then, the answer is, Manage the use of Bitcoin as well as regulate other financial instruments.

[chaoscoinz]

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

This here is where you will meet a heavy divide. On one hand, you have the founding members who have been here since day one. They believe in the original concept and plan for Bitcoin to remain independent and decentralized, straying away from the modern  model of the financial system. These day one guys/gals make up the original core of the community.
    On the other hand, you have your causal investors who see the use in innovation, as well as the potentially profit this platform can bring a few years down the line. These members want to comply with the already existing laws and regulations, hoping to gain acceptance from the governments in order to navigated the scene legally.
   It really is a power struggle. I'm not 100% sure, but this may have been the cause for the forks. Not everyone was looking to turn profit with the split. Some supported it with the beliefs that hold true to the original idealogy the project was founded upon.
If you look way back then and start to compare the scene to now. Who would have known it would have made it this far?

[Matty96]

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

I dont think we should.
Crypto is borned to be decentralized. No individuals should regulate it by any ways.
In order for more countries to allow, we just need to give it more time. The market is too young know we cannot tell.

[political1907]

Firstly, an international commission should be established where representatives from many countries take part. Afterwards problems in the market should be identified and regulated accordingly. But it seems to be early for this.

[Tamboran]

Some level of regulation is needed, especially if we with to see crypto more as a currency. First, cryptos must be very stable(for example tether, which usually stays in the $1 equivalence zone). Regulation will mean that volatility should reduce remarkably. And here is the case market is driven by demand and supply. It becomes extremely monumental to control forces of demand and supply of fixed coin/tokens in a decentralized environment.

I think we can't make it become stable if you mean by price. Because it has depend on supply and demand on the market, so there is nothing to comparing Bitcoin with USD value or any local fiat just if want to be regulate it.
But i was interesting if regulation could be makes in some level, such an example accepting Bitcoin as digital currency with such tax term condition or what about only some fields business that can accept Bitcoin as digital payment likes Retailer shopping, Hotels, travel agent, exchanges currency, etc.

[Lauff]

yes all need a rule if you want to get legalized or recognized in the country, because if there are clear rules, then we as users or holders of the crypto currency will be more comfortable and get legal protection from the government

[ngano ba]

The regulation of cryptos is not our main problems , in each country that we are residing , will accept cryptos then they are the one who regulate cryptos if the cryptos will be legal in that certain country, where the cryptocurrency is legit.

[baozi2015]

There is no inevitable connection between the regulation for crypto and being recognized by more countries, besides， i even don't think that crypto needs to be regulated because decentralization have no need of regulation.

[haroldtee]

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

I dont think we should.
Crypto is borned to be decentralized. No individuals should regulate it by any ways.
In order for more countries to allow, we just need to give it more time. The market is too young know we cannot tell.

Regulation will not change its decentralized form, it will only put some laws into place in how people act within the space. Let's face one thing, a lawless space is a sinless space and this is why there would always be so much scam, and everyone doing whatever they please if an AML procedure is not put into place. I have never been a fan of centralization, but it is obvious that since this is a global thing, and human nature is prone to greed which is why negativity hovering round the space because of lawlessness, will affect its growth one way or the other.

As long as protocols of any token or coin is not changed, it remains decentralized and as long as regulation and some laws are in place, it makes it easy for growth as investors and institutions tend to feel more relaxed with the space to invest and the more the money flow, the more it is for the market to enlarge.

[gorodi]

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.

Yes, if somebody starts regulating the cryptocurrency, it will turn to something that will not differ a lot from fiat. Everybody is happy with the crypto as it is decentralized.