Is regulation good or bad?

[andika2018]

I would like to see regulators in the field of IEO, ICO, in other cases regulators, as it seems to me, are not needed in the cryptocurrency.

More and more people want regulation on cryptocurrency and i think its good for the future of cryptomarket. Regulation have many advantages for crypto investor and the important thing is with regulation, it will prevent more scammers

[freedomgo]

The regulation is actually quite good. like my country that has issued rules regarding cryptocurrency, this makes the community in the country comfortable and for projeck developers to make permits in their country without having to go abroad to make the permit.

It's important to have this regulation favors the people in crypto, the only purpose of the regulation is just to minimize the scam, and that would help the market to grow. However, if we are all going to comply with the KYC every time we transact or use a certain service, i guess that would defeat the purpose of decentralization.

[Chikito]

Regulation will make everything look good but difficult to implement, I'm sure that strict regulation will make other people feel safe, but this is not the goal of crypto that is free and anonymous.

When the rule become change to centralization are not good effective for future of cryptocurrecny. The goverment must learning all about crypto before implement all, strict rule will affect to people become strange.

[congresowoman]

In my opinion, regulation is not optional but rather, regulation for this kind of industry should be mandatory. This will protect the interests of investors as well as the companies. Regulations should cover the security of the money coming in and out of the system, the storage and the protection of investors' identity. Regulation will lessen ponzi schemed ICO and other suspicious projects that aims to deceive people by getting money from them. Respective lawsuits can apply to cases like this.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.

[joromz1226]

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?

In my view about regulation in crypto world business, I think it will be good in some other way, because once its being apply for sure it will prevent to those project that are scam anyway. But in some bad side the decentralization will get affect it in my opinion. We all know that centralization was being categorized under regulated business while crypto or bitcoin was unregulated system.

[TheClownSong]

In my opinion, regulation is not optional but rather, regulation for this kind of industry should be mandatory. This will protect the interests of investors as well as the companies. Regulations should cover the security of the money coming in and out of the system, the storage and the protection of investors' identity. Regulation will lessen ponzi schemed ICO and other suspicious projects that aims to deceive people by getting money from them. Respective lawsuits can apply to cases like this.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.

Many government still not regulating cryptocurrency or ICOs perhaps government dont understand about this new market. But i think government should regulating cryptocurrency market because market cap value always growing and government should protect their citizen investment and give good investment climate

[NewRanger]

In my opinion, regulation is not optional but rather, regulation for this kind of industry should be mandatory. This will protect the interests of investors as well as the companies. Regulations should cover the security of the money coming in and out of the system, the storage and the protection of investors' identity. Regulation will lessen ponzi schemed ICO and other suspicious projects that aims to deceive people by getting money from them. Respective lawsuits can apply to cases like this.
The resultant of this legal action will further pump the trust of masses resulting in more people using crypto and relying on it.

Many government still not regulating cryptocurrency or ICOs perhaps government dont understand about this new market. But i think government should regulating cryptocurrency market because market cap value always growing and government should protect their citizen investment and give good investment climate

government has important role in crypto market.their regulation and policy will create good investment climate.and actually it will bring advantages for their self , for example taxation in this market.

[pics4crypto]

It seems to me that we are not entitled to resolve such issues.  And this is only known to the government that regulators are needed or not.  But I'm sure that they will as soon as they implement cryptocurrency.

[ven7net]

I believe that the regulation will bring order to the crypto markets and close access to fraudsters. Now we see how the crypto market is outside the legal field, which allows many to manipulate and deceive. Many cryptocurrency holders fall for fraudsters' tricks and lose their funds. Of course, this is bad and something needs to be done about it. Regulation will help in solving these problems, and accordingly will be a good catholizer for the growth of the crypto market, as the crypto market will become safer and more people can join it.

[BryanK]

I don't understand what's the point of regulators in the crypto community? Why they need? I am sure that if there are regulators in the crypto currency, we will see large commissions.

[geegaw]

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?

In my view about regulation in crypto world business, I think it will be good in some other way, because once its being apply for sure it will prevent to those project that are scam anyway. But in some bad side the decentralization will get affect it in my opinion. We all know that centralization was being categorized under regulated business while crypto or bitcoin was unregulated system.

Of course, when the rule is applied in crypto, it will certainly provide additional safety for participants and when safety is enhanced, the field will receive a lot of participants, since then, development will go up. But along with this development, it's probably a third-party intrusion, this means that all operations in crypto will be controlled, large investors will have no chance of creating pumps or fake information to help wise investors make money, worse, the third party is probably the government, they will make money from the tax collection, we will not be able to make money comfortable with them

[desticy]

In my opinion it makes no sense to discuss things that do not yet exist. We cannot say whether this is good or bad because we do not know what effect regulation will bring to the market.

[imstillthebest]

I don't understand what's the point of regulators in the crypto community? Why they need? I am sure that if there are regulators in the crypto currency, we will see large commissions.

You already answered your own question  . comissions will indeed occur when crypto is regulated because the governments and the banks are the ones that will control crypto and that means they can charge a fee or a tax on every people that will use cryptos  . i think it was a a good idea so that cryptos will be legaly accepted in a formal way when compare to when its not regulated  . i think it can attract more potential investors and casual people to join cryptos .

[Vinalians]

For me, regulation is good to all but I don't think regulation should always have the rule that they should know their customers or users like that because the essence of bitcoin and other cryptocurrencies that involves anonymity will be not respected at all.
There is also bad effects of regulation for sure including that the government will try to manipulate what bitcoin can do and we don't want that to happen right. So for me it's still not good to regulate crypto industry if it involves the personal information about us.

[jackblacksparrow]

I think that regulation is bad because the very idea of ​​a cryptocurrency was that it was decentralized so that no one could control it because I think that the regulator is not needed in this matter

[mattadc]

but it seems to me that regulation is not so bad for the cryptocurrency world because it will help us to optimize the number of coins and leave only those that are really useful and those that are copies or are simply not needed by us to extract from the list

[Pet240]

I have the strong believe that a day is coming that cryptocurrency will be fully regulated. There is a saying that "A city without rule, is without sin." Therefore if there is no regulation, it means everyone is allowed to do whatever he likes. This is why i am not surprised that there are lots of scam projects in the crypto space. In fact, i am in full support of regulation and i so much desire it to be implemented.

[ahmed04]

Regulators are a very important element for the crypto industry. Without them, the market is ruled by people who have very large sales volumes.

[Piskeante]

regulations are always bad, because it means taxes. So , all the black money circulating, with regulations, cannot be put in crypto, that's why it crashed.

[coinswebid]

I don't understand what's the point of regulators in the crypto community? Why they need? I am sure that if there are regulators in the crypto currency, we will see large commissions.

regulations will help crypto space rise up its level,
but, badly crypto will under control by governments mate
and this will be a hard situations buddy