Is regulation good or bad?

[topbitcoin]

In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

I strongly agree with you about implementing regulations that will have a very good impact on the future and will affect many things if these regulations are applied in a country. because of the regulation, cryptocurency users will feel more comfortable and confident in using cryptocurency. and already half of every country to make regulations well.

Pros and contras will always come to something like regulation, in other side a lot of people still want bitcoin to be decentralized and it means no regulation or can't controlled by  anyone include government. If me, as long my investment is safer, although with regulation is ok.

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[arimamib]

it might be true if the regulation will have a positive impact on the cryptoqurrency industry but I doubt if the government really wants to regulate all cryptoqurrency, at least the regulation only applies to their own blockchain companies.

Even without regulation, there are millions of people all over the world who are aware of bitcoin and other crypto currencies and are using them for so long. But with regulation, there would be seen huge increase in the number of consumers of this market. Coin prices shall not be controlled by government, they should simply check scamming.

I think that such a regulation is held to establish a standard of authenticity for a project not for the purpose of regulating crypto prices on the market. when regulations exist and create a new standard for development in crypto, I am sure investors will come a lot because the purity of the project can be ascertained and only differentiate on its superiority

[Jorge158]

Regulation will be good for some aspects of crypto especially when it comes to the projects entering crypto space and their token sales. Regulations to run checks on new cryptocurrency projects will help eliminate the frequent scam and unsuccessful projects that tarnish the image of crypto.

[Whilemost]

I also think the rules are very good. The government should regulate these rules well. regulations need long-term and confidence-building industry in the masses. 

[Longthi_4823_Love]

We need to follow the rules, we must declare our identity. This makes fraud and money laundering activities more difficult. Rules are very good.

[superstrength]

for me the rules are fine. All regulations need in the long term to fit the market. User confidence in a currency is also affected by its regulations. Please review these rules carefully.

[ProteinBar]

I don't have a very good view of the strict rules. I want my personal information to be kept strictly confidential.

[traducteurTor]

Rules are essential and not missing cards. regulations that help money management and combat money laundering and fraudulent activities. You should believe in the rules and do it.

[OptimusPrime_3]

In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

I agree with you totally on this, looking at the rate some projects now scam users is alarming and the only way out is for registration to come in. The decentralization ideology in cryptocurrency was a nice idea but many users now use the opportunity to steal from people

[tambok]

I agree with you totally on this, looking at the rate some projects now scam users is alarming and the only way out is for registration to come in. The decentralization ideology in cryptocurrency was a nice idea but many users now use the opportunity to steal from people

That was really alarming and nowadays I am glad to see that people are learning, as we can see there is actually very less or zero ICO investor, almost ICO were failed, the saddest part is that there were some legit projects who didn't benefit with this too and haven't continuing their project despite the fact that they are worth to invest at.  Well, this is the consequence for all of us.

[Lexurdania]

I don't have a very good view of the strict rules. I want my personal information to be kept strictly confidential.

In my opinion, it's time for the cryptocurrency market to be regulated. With the increasing value of transactions that occur every day, regulations are needed to protect investor funds. In addition, with regulations, scam projects can be minimized and might punish scammers

[Memminger]

I think it is bearable in a sense that the advantages that regulations may bring outweighs the disadvantages but as we know it always depend on how reasonable those regulations that would implemented. In order to maintain order, regulations are important so that a punishment could be given to those who commit crime since as technology evolves and shapes our world, people who commit crime became resourceful and cunning using this technology into their own benefit and wield it to abuse and taking advantage to other people.

[EvgeniyLEV]

I believe that the legal regulation of cryptocurrencies is necessary. It is necessary to protect every investor who invests in cryptocurrencies. And also to open free circulation of cryptocurrencies in various sectors of the economy. This requires regulation. This will give the development of cryptocurrency in many countries of the world.

[cryptonewbie]

For those who are into criminal acts or just paranoid about the government prying into their business, they will agree that regulation is bad. But for the rest of us who want to see crypto accepted globally, then we will welcome regulation with open arms.

[Zdraste16]

Of course, regulation in the field of cryptocurrencies is needed, ICO should be monitored.  Many projects have proved to be not the best side and for this reason, investors have lost confidence in ICO.  Projects with specific goals to promote their ideas and produce a finished product cannot raise funds due to mistrust of investors.  I believe that confidence can be restored through control and regulation.

[paulk11087]

I think regulations are necessary. because unfortunately legal transactions cannot be made in many countries. if the regulation is brought with tools such as tax, I think it will become more legal.

[johnwest]

Regulations can do a great support for the crypto community, it will bring the crypto holders and traders to the mainstream and it can be used in the development of the society. Regulations will also bring more people into the crypto as they will start to explore this world.

[InwardContour]

I agree that the market needs large investors and in order to attract them it is necessary to regulate cryptocurrencies. When the government introduces ways to regulate cryptocurrencies, investors will be protected from fraud and without huge risks will be able to invest in blockchain startups.

Regulations are already creeping in gradually, take for instance the case with Germany which will grant some banks license to deal on crypto as from next year with proper regulations. Talking about big investors, some already have crypto holdings unless probably you mean to attract more big investors. People keep mentioning only the good sides of regulations, it also has its cons. However, all round since we want crypto mainstream adoption to be a reality in future, regulations are necessary to attain this.

[Tcode53]

The main purpose of creating cryptocurrencies is to promote decentralization across the world, if Cryptocurrency is regulated it will defy the purpose of decentralization

[aamirsuh]

Those who want to regulate the crypto market should be sincere. The aim should not be to take taxes from this work. The Bitcoin ecosystem offers an alternative to the existing currency scheme. I don't think the great states will accept this right away.