Is regulation good or bad?

[Alisha FR]

in general, regulations will have a good impact on all parties, including investors, countries and developers, who, with this regulation, will have legal certainty for cryptocurrency users, moreover we know that there are currently a lot of project fraud and theft in this business, so solutions the best is to make regulations.

[GREENch]

If a person plans to use cryptocurrencies as an alternative method of payment for services/products, then he will not have any difference from whether there is regulation in the blockchain industry or not.

[styca]

More than good or bad, I think it's inevitable.

As for having all of our coins tracked, I think that's inevitable too, and maybe countries will start to legislate against privacy coins.
Having everything tracked goes way beyond crypto though, it's part of the surveillance society that we have started to move into, and what is in effect a behavioural futures market. Personal data is valuable and is resold everywhere, it's what Google and Facebook do and it's spreading. IoT, whilst it does bring benefits, will also exacerbate this tracking. And having all of your crypto tracked falls into this too.

[max6575]

to help of chance as the good appropriation to work on extensive with decision of entrance into the field of the bitcoin finance that partisan with the parts on scheme as the request on exchange to commit on plan with examination to gains as the good helps as disputing funds and more as with work on efforts to refer of one on decision to manage with the supports on confidence as entrance into the scheme of majors on work with aggregate limit on level of moderation.

[raes]

If a person plans to use cryptocurrencies as an alternative method of payment for services/products, then he will not have any difference from whether there is regulation in the blockchain industry or not.

of course there must be a difference, because if there will be the use of one asset for a payment method or another, it is clear that the speed of transactions and security must be the main consideration. other than that, the government I think will not like it that much, because the regulations set will be very complicated.

[Korkorjkk]

Regulation is definitely god for the crypto community. Imagine if there were rules to punish scammers, people would not lose their money when they invest. Regulations will also guide us in making decisions.

[wattcrypto]

I think it's necessary. It's not a matter of if hackers will happen but when so having regulation including KYC and AML compliance we can make sure these types of instances don't happen.

This interview made me realize the importance of regulation to solve theft: https://blocktv.com/watch/2019-05-14/5cdadbe440cb1-how-to-solve-the-spate-of-cryptocurrency-thefts?utm_content=91740870&utm_medium=social&utm_source=twitter&hss_channel=tw-3972254294

[Ayobami99]

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?

Regulate ICOs = good
Tell crypto owners to declare their asseslts= VERY BAD
Monitor Crypto owners by their wallet and transactions = The worst thing you can ever think of but governments will be thinking of that.

When the whole regulation boils down to monitoring each user by their address just like facebook coin must be intending (IMO), then this kind of regulation invades privacy and its bad for the Crypto Space

[kenelmark]

in general, regulations will have a good impact on all parties, including investors, countries and developers, who, with this regulation, will have legal certainty for cryptocurrency users, moreover we know that there are currently a lot of project fraud and theft in this business, so solutions the best is to make regulations.

I also strongly agree if there are regulations regarding regulations that can have a good impact for all groups and can eradicate fraud that often occurs in crypto currency because the name fraud can harm many parties, of course.

[Nuxxorcoin]

The Blockchain revolution is a legal revolution. Therefore, the regulations that come with state regulations should include cryptocurrency. This will increase our chances of getting rid of crooks and scammers.

[danielchris]

No doubt regulation is good for investors. I think that give good results when we invest some of popular project & three or four projects.The reason behind if one or two projects not give us good earnings then maybe other balancing our earnings. I think so.

[wesk1212]

I believe that they do not speak there, but the currency that will never be stable and regulated on the Internet.  Because it is not a protective environment and here you can do what you want.

[timmmers]

sooner or later regulations are unavoidable, but it is much better scenario than cryptocurrency ban, isn´t it? Like India wants to ban all cryptocurrencies because they do not know how to regulate them.

[EXtremeAEX]

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?

On account of the fact that no one is interested in how much money you have in the bank, you are greatly mistaken. Governments are in control of this issue. And if your account in the bank exceeds a certain level (in each country this is a different amount of money), then certain authorities will closely monitor where your money comes from and where it is spent.
Regarding the regulation of crypto currencies, then the question is ambiguous. On the one hand, it really should help weed out some fraudsters. But on the other hand, regulation violates the idea of ​​crypto currencies as a whole. Bitcoin was created so that people don't depend on the regulatory authorities.
But in our reality, I think that regulation will bring more benefits.

[styca]

Regulation is inevitable if we have mainstream adoption. So long as crypto remained niche it flew under the radar of the authorities and anonymity was tolerated. Now however there is a lot of money involved, a lot of scams alongside the legitimate projects, and lots of consumers are buying in... I know governments look to squeeze money out of whatever they can, and also like to have surveillance of their citizens, but they also have a duty of care to consumers and that includes regulating crypto. It's just inevitable as far as I can see, good or bad it will still happen. Personally I think it has good points as well as bad.

[aliceHortrex]

Regulation is normal.  And I agree with the fact that it is really inevitable.  But I think that after it is legalized.  I think that our government will definitely want this.

[bonker]

It is based on how it can be regulated to effect without any problems is the matter of success regulations are always been accepted by the people but if you do it unfair then no one will agree that.

[Petchant]

Regulation is not bad if it is done for the interest of the industry. With regulation, most of those that are skeptical about cryptocurrency will get involved in it but will must not allow any regulation that will be done to confine and tame the industry.

[karankamaze]

Regulation is not bad if it is done for the interest of the industry. With regulation, most of those that are skeptical about cryptocurrency will get involved in it but will must not allow any regulation that will be done to confine and tame the industry.

yes, there are many projects that are hindered by regulations even though the project is actually good so that in my opinion regulation is very important for crypto.
but still regulation can also have a negative impact but even so if the regulation has a positive impact that is greater than the negative impact, it is not a problem.

[10BTCaDay]

Regulation is not bad if it is done for the interest of the industry. With regulation, most of those that are skeptical about cryptocurrency will get involved in it but will must not allow any regulation that will be done to confine and tame the industry.

yes, there are many projects that are hindered by regulations even though the project is actually good so that in my opinion regulation is very important for crypto.
but still regulation can also have a negative impact but even so if the regulation has a positive impact that is greater than the negative impact, it is not a problem.

however, if there is no regulation, it will be much worse than the other way around. I think that without regulation the market will not be able to develop further.