Is regulation good or bad?

[bitkanu]

Regulation and control, how do you understand them? Regulation is the management of the process in a given direction, control is the observation and supervision of the process. To achieve this goal, these tools are essential. However, when it comes to the decentralized world of cryptocurrencies, these concepts lose their meaning. Why do we need to regulate the crypto market? To increase the degree of liability and security, crypto means of citizens to take the tax from incomes of citizens and to Supplement the budget in order to attract the unscrupulous creators of ICO and other Airdrops and Scam to account and to recover from them damages for the loss of investment of the participants. If you want to hide your crypto-income and savings from taxation,then you do not need control, and if you have invested your money in a bad project or stolen it from you,then you are looking for the culprit and trying to bring him to justice,then you just need tools of control and regulation, someone who can legally find the offender and punish.
It turns out that the regulation is good in a fair world, in an ideal world, but when everyone around is trying to get big profits by any means here regulation will not help.

A lot of people thinking about legal status of crypto. Some of them want to make it illegal. So why does cryptocurrency should be illegal? I have never heard a good arguments for making it illegal. People saying that crypto helps bandits clean their dirty money. Or that you can buy dangerous and illegal stuff and services with crypto. So what? It is not a reason to make cryptocurrency illegal. You can buy drugs and guns with fiat money too. And the fact that criminals cleans their money says that fiat money can be dirty too. So shouldn't we make fiat moneh illegal? Also people are saying that government and banks can't control it and that is why we should make crypto illegal. If so, then everyone who use barter is criminal. If you pay your friend for his help with tasty lunch then you should be in prison. Because government can't control tasty lunches.

there's so many reasons why some country consider crypto as illegal and most of the time it's because the government feel bothered with the presence of something decentralized that they cant control in case of cryptocurrency.
in this case, cryptocurrency will always be blamed for every bad thing as long as if the authority dont like so expect that.

[carrigan]

Th regulation will be good when we see the regulation from the positive side. It will reduce the spammers and low quality posts. It will also make this forum to be better forum with better quality of the members. but negatively, not all newbies make the garbage posts. They already have made the good posting but they don't get any merit.

[florinda0602]

Light regulation is good for the health of crypto in my opinion. It will legitimize the space and bring in new folks that are otherwised worried to get in. But if it's too heavy handed, that will stop the innovation.

I think you are correct, a minimal regulation can help in the growth of the crypto, because they can manage to control even the scammers here, but if the regulation will be over it will also deregulate the crypto.

[Sonofshmidt]

Without any rules will be the collaps. We observe too high volatility on crypto market. Risks are very high. Guys with big money don't like to lose them:)

[briton]

If I see that this regulation is very important. because the regulation is very strict with relations related. a growing number of regulations that we have relationship will also be more and more.

[Screamshot]

Well regulations is a good idea only when the regulations is meant to favour every one no matter where you are from. Well before a regulation can be made critical issues must be put in consideration

[S[m]OKE]

Yes, it's time that something already change the scam projects are already coming out packs so they are displacing investors from this sphere of business

[Milla Kross]

Regulation is normal. In any case, you need to understand that everything is regulated in life. This ensures order and stability. And it helps to analyze everything that happens.

[CoinCodex]

Regulation is probably good when it's not too intrusive. The crypto world needs some major regulations, this way more and more big corporation would consider investing in crypto.
There are some rumors about an upcoming regulation discuss by big crypto players.

https://coincodex.com/article/2393/major-crypto-industry-players-to-discuss-regulations-at-roundtable/

[terible.hunter]

Regulation is an inevitable process, so it seems to me that there is no point in speaking at all about what is good or bad, so you just need to wait as it was at the beginning of this year, because we have nothing else left.

[Outlander]

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 believe that cryptocurrency is subject to regulation, and tokens can move toward legal channels, which is conducive to the long-term stable development of the project.

[Maximal-Ether]

I think regulation should be. After all, any case sooner or later out of control. And order and stability should always be. So as not to panic in the society of crypto-drivers.

[bitgogo123]

I think that part of the regulatory function, such as ICO regulation, is very good. But if you want to regulate bitcoin then I don't think this can be achieved.

[hotBriX001]

For me regulation is good because everything has its legal process and it is difficult to get into scammy trick. So it is good evolution of decentralized currency if it will be regulated in the future to get more trust to great investors for possible great development worldwide of cryptoworld.

[Caelanpelley]

I also think that there is a need for regulations for the crypto market. This is necessary and good for all who enter this market. There are rules to limit the risks involved when investing in electronic money to make a profit.

[odranoel]

In my view of opinion, regulation is good. Because this is the basis on which or how your program grow or moved. It should have a regulation to be able understand each statement and also their is a due process. It is also a basis for the investors.

[papagravel]

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?

Now the market of cryptocurrency is targeted pressure from large speculators in order to reduce the price of all cryptocurrencies. It is done by illegal methods, which are prohibited in the stock market. If there was a state regulation of the market, it would be possible to overcome this.

[tangbori]

I see regulation as a welcome development in the crypto world most especially on ICOs. If ICOs are regulated, then we will be free from scam ICOs because those that scam us are anonymous people and no one have any information about them. Once they are registered then we will be free to participate in ICOs.

[sherwinsamsung]

I think regulation is needed to some extend.  many projects are used by scammers just to victimize unknowing people.  too many are taking advantage of this whole crypto world to fool those who still are naïve to cryptocurrencies.  governments wants to regulate cryptocurrencies because they want to protect the people from being scammed.  I hope this is just their motive.  any motive by the regulating body that will invade people's privacy is not likely to be welcomed.

[premkibank]

not only for crypto bt i think regulations is good for any industry. because you can jump in regulated industry without any fear.
i am from India and in India crypto is not regulated and also we don't have permission to buy or sell crypto using banking transaction.
people's wann work with govt so regulations is most important