Government regulation on cryptocurrency, GOOD or BAD?

[sinkfish]

Well i think that its the only way because it will be very very hard for cryptocurrency to be mass adopted if government dont want to support or even allow it. The entry of more players into the market and the increasing popularity of crypto-currencies, the rapid introduction into all areas of use.

minimal regulation will do, as to protect developer and investor interest. and government support on developing blockchain but not owning or control how blockchain and crypto works.

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[Nnedaddy1]

It depends on the context of how the regulation will be applied.
The decentralized  structure of noticing will make it difficult  or almost impossible for any government to exact full control over it.
I'm not saying that government involvement is not a good idea.

[Amokomowo2005]

Regulations will make a good effect on the cryptocurrency sphere market as it will make people to have more trust on it with the support of the government.

[Ezenwanyi]

Regulation is good... but how possible  is it?
I don't think it is going to be an easy "stunt " to pull off, considering the fact that bitcoin is a decentralized  virtual currency.

[Antonina]

I think it's good. because there would not have been any kind of criminal showdowns and conflicts it is necessary to regulate it

[denuhaqiqi]

The government made regulations regarding cryptocurrencies in my opinion that is good. The government must be prepared for the development of digital assets today, which requires them to issue special rules regarding digital assets so that the government can monitor and obtain transaction data on digital assets. Volatility of cryptocurrencies values and fluctuations when transacting or used as payment instruments can affect financial system stability. Regulations made by the government can help to create a comfortable investment climate and protect consumers, and prevent money laundering or financial crime.
The government cannot remain silent with the rapid development of the cryptocurrency.

[SkyFlakes]

If the regulation that we ate taling about is just in being legal of the cryptocurrency, then it is a good thing. Also it would be a good thing if the regulation would just focus on preventing on abusing this innovation. Of coyrse, there's always a bad thing in everything. But I think those bad thing would just came out if the regulation we are taling would not be done properly, or systematize. There are different context in different places, thus, considering it as good or bad would be just confined on the specific place where the regulation were set to takes place.

[BorisVirla]

Someone is using the right policy in relation to bitcoin, someone just wants to draw money.

[mcabrito]

If the regulation that we ate taling about is just in being legal of the cryptocurrency, then it is a good thing. Also it would be a good thing if the regulation would just focus on preventing on abusing this innovation. Of coyrse, there's always a bad thing in everything. But I think those bad thing would just came out if the regulation we are taling would not be done properly, or systematize. There are different context in different places, thus, considering it as good or bad would be just confined on the specific place where the regulation were set to takes place.

Yes, this will all depends how governments will regulate it and use it, maybe we cannot avoid if ever it will be good or bad. But I am just hoping that all of this will be good to all of us.

[Yasinionela]

In the midst of that the people will invest in cryptocurrency without any fear losing their money through market collapse. The governments have great influence on the crypto market as they contribute significantly to the FUD in people.

[Cripinggedang]

Government rules and regulations are good on one side and bad on the other hand. Because the rules of government rules you must maintain everything according to your rules. The bad aspect is that you will not have the freedom. Regardless of will, you have to maintain the monotony rules.

I think this is a very good realization for some members who actually speculated disloyalty to the government for their participation. Therefore the government's participation is not BAD at all but brings goodness to people who love cryptocurrency.
This is what I think too, that having a cryptocurrency regulated by the government is a good sign that the country has accepted and that it would be good for people out there who like to be involved in cryptocurrency investment.

[efxtrader]

It depends on the context of how the regulation will be applied.
The decentralized  structure of noticing will make it difficult  or almost impossible for any government to exact full control over it.
I'm not saying that government involvement is not a good idea.

I think government regulation applied on profits we made from our trade. Regulation does not mean change cryptocurrency structure, if the coin from the first time using decentralized system, i am believe it will still decentralized.

[ngacengan]

I think global regulation given by the government for cryptocurrency is not very good and bitcoin should not be controlled by the government because the circulation of bitcoin can only be controlled by buyers and sellers.

[naily]

previously the government had a good aim to provide regulations on crypto currency, but it would be bad when the regulation was used or used by certain parties to get their own benefits

[STT]

Overall all this government red tape coming in to swamp users with demands for regulatory requirements is a bad thing that slows the whole economy back down to normal economy speed.  The mistake made by crypto generally was to court the very biggest money instead of sticking to crypto as a good description for the smallest more regular fees used across the internet and the globe with fast ease of use its selling point

[Getmon]

Actually, I really do not want cryptocurrency being regulated by the governments. I interpret it as a form of yielding to the powers of the government. And since crypto is positioning itself as an innovation that is truly independent, existing and operating without the unnecessary sanctions from the governments, being regulated means it is now under its authority. That is not a helpful image. It takes the revolutionary feature of crypto which is one of the reasons why I am a part of it.

[iASIC]

I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?

I think that is a wise decision of the government. For example in Russia, Putin has accepted the right to use and trade in the Crypto market. But they will have to pay higher taxes than normal for the government. It is a very good strategy to find money launderers.

[BagzMM]

This is what i am thinking also that having a cryptocurrency being regulated by the government is a good sign that the country has accepted and it will be good for the people out there who love to get involve in cryptocurrency investment. This is a really a good realization to some of the members who are actually speculating negativeness on the government on their participation. Therefore government pariticipation is not BAD at all instead it brings goodness to people who do love cryptocurrency.

Yes i do agree,, it is a good sign that bitcoin would be accepted and regulated by government for the everybody's development.

[jambul_kribo]

This is what i am thinking also that having a cryptocurrency being regulated by the government is a good sign that the country has accepted and it will be good for the people out there who love to get involve in cryptocurrency investment. This is a really a good realization to some of the members who are actually speculating negativeness on the government on their participation. Therefore government pariticipation is not BAD at all instead it brings goodness to people who do love cryptocurrency.

Yes i do agree,, it is a good sign that bitcoin would be accepted and regulated by government for the everybody's development.

acceptance bitcoin or cryptocurrency in online store or other merchant could happen.and much people could spend their crypto balance to buy their daily needs or something other.

[TheClownSong]

I think government regulation for ICOs is good for investor. Investor fee safe on their investment because many scam ICOs in market and if government regulated by using KYC, it will reducing scam ICOs and can safe investor money