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Author Topic: Is regulation good or bad?  (Read 30800 times)
mattadc
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May 18, 2019, 04:53:29 PM
 #841

It seems to me that regulation is good only when everything is legalized.  But for now, nobody needs these regulators.  They will only interfere.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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IVEXO
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May 18, 2019, 04:59:18 PM
 #842

Regulation is good if it is done properly
So if regulations can be fixed towards having a safe and secure ieos or icos  crowdfunding
Then it can definitely be a better Blockchain world
joshy23
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May 18, 2019, 05:01:07 PM
 #843

Yes, regulation in the cryptocurrency world should be implemented from now. But what regulation that we should to do? I think we have to think together for this problem to make the development progress in the cryptocurrency world.
Yeah right, it should be for the benefits of both parties, regulations that will answer the demands of holders and the government bodies that will implement the rules, if this can be joined by both sides they can build system that will favors both interest.
oseikuf44
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May 18, 2019, 05:04:18 PM
 #844

Government intervening in crypto and regulating it will give confidence to the mainstream for them to invest in crypto since they will see their investment as safe rather than leaving the system operated by individuals who create projects to scam people.
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May 18, 2019, 05:18:32 PM
 #845

If regulators are introduced into the cryptocurrency, there will be both pluses and minuses, it is difficult to say whether regulators will benefit the cryptocurrency

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Runbitup
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May 18, 2019, 05:19:55 PM
 #846

Yes, regulation in the cryptocurrency world should be implemented from now. But what regulation that we should to do? I think we have to think together for this problem to make the development progress in the cryptocurrency world.
I strongly agree with your pendpat because crypto does require regulation so that people are no longer afraid to invest in cryto because most people are very afraid to invest in crypto because they think that crypto will die if the government doesn't support it.
Loedong
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May 18, 2019, 05:46:16 PM
 #847

I think the regulation of cryptoqurrency is a good plan for the crypto world, this system is one way to avoid fraud cases too, with crypto regulation or rules in this sector can reduce fraud and can also have a major impact on the market.
mersal
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May 18, 2019, 07:07:04 PM
 #848

My opinion is in sometimes the regulation is good but sometimes it is bad and the regulation is implementation because of the situations so how it can be regulated is the matter to decide it will be good or bad
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May 18, 2019, 07:20:55 PM
 #849

If regulators are introduced into the cryptocurrency, there will be both pluses and minuses, it is difficult to say whether regulators will benefit the cryptocurrency
surely the existence of this regulation will have a beneficial impact on cryptocurrency, because regulation is very important in a digital world business. it will make people who use it more confident and of course crime will decrease due to legal regulations.

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laskybok
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May 18, 2019, 10:54:05 PM
 #850

Admittedly, regulation has been a way to curtail a lot of scam and criminal activities in the crypto space.
If we allow regulation, I think more investors will be attracted to the crypto space. The regulation I am talking about should not be an end to decentralization.
spydee1522
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May 18, 2019, 11:24:45 PM
 #851

Regulation is a great ideal key that is going to increase mass adoption which is a good factor. Most people fear entering this crypto industry because of fear of losing their monies. They fear entering into an industry that can't guarantee the safety of their monies and I second them because no one wish to be scammed. I think regulation is good.

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May 19, 2019, 05:55:41 AM
 #852

Regulation is good for the big investors and institutional organizations but it is not the same case for the small investors. The government wants to handle the difficulties of the anonymous transactions by forcing the companies and investors to the KYC.
FoBoT
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May 19, 2019, 07:09:17 AM
 #853

I only support regulations for the new crypto-projects and not for bitcoin.
I also agree with all your other points apart from
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.
Government cares about taxes and that is one of their primary reason of trying to regulate cryptosystem.
Johnzky
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May 19, 2019, 07:38:29 AM
 #854

I only support regulations for the new crypto-projects and not for bitcoin.
I also agree with all your other points apart from
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.
Government cares about taxes and that is one of their primary reason of trying to regulate cryptosystem.

Because it’s every governments right to know how much people from their country earns,because it is also our obligation being a person to pay taxes and we can’t change this fact,that’s why the only way for us to be allowed worldwide is to follow their rules and then we can be free to use everything about crypto world
niisarearning
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May 19, 2019, 08:44:23 AM
 #855

Regulation is good for the big investors and institutional organizations but it is not the same case for the small investors. The government wants to handle the difficulties of the anonymous transactions by forcing the companies and investors to the KYC.
But in other side there will be protection for small investors we have seen lots of crypto scam hapoeningbits only because there is no regulation incrypto space . People are coming inside and scamming without any fear . I am completely supporting crypto regulation.
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May 19, 2019, 08:46:55 AM
 #856

I only support regulations for the new crypto-projects and not for bitcoin.
I also agree with all your other points apart from
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.
Government cares about taxes and that is one of their primary reason of trying to regulate cryptosystem.

Finally a good idea! You can´t regulated the decentralized network which Bitcoin is.
But you can regulate the starting crypto startups and here it will help because they will not be able to scam people as easy as they think.

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aderidwan98
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May 19, 2019, 09:01:33 AM
 #857

I agree with your opinion that regulation builds public trust in crypto and guarantees investment in crypto, so it also agrees with regulation
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May 19, 2019, 09:19:14 AM
 #858

Admittedly, regulation has been a way to curtail a lot of scam and criminal activities in the crypto space.
If we allow regulation, I think more investors will be attracted to the crypto space. The regulation I am talking about should not be an end to decentralization.

I am agree, we should not afraid on government regulation. With regulation, i am believe cryptocurrency will improve and growing more bigger because people will more confident on crypto as investment. If its about taxes, i am believe every government have different regulation about our profits or income

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bustedsynx
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May 19, 2019, 09:23:25 AM
 #859

You can't escape regulation. Every human endeavor or innovation has encounter regulation at some point - guns, car driving, airplanes, etc. In fact, the presence of government regulation means the new industry is mature, long-lasting or big enough to be noticed by governments. It will never fade away like a fad. So, it's good.


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May 19, 2019, 10:10:28 AM
 #860

From every point of view, regulation is good. At a first glance, regulation is bad and it may affect cryptocurrency and some section of the people agree with this view. But I differ. Regulation will affect the cryptocurrency market in the short term. It will bring good and positive chances in the long term. Rather it will make the crypto market further stronger and helps it become stable.

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