Is regulation good or bad?

[adekogbe]

Regulations is a very good thing that the cryptocurrencies space must have in order to attain mass adoption.
This will greatly reduce criminal activities in the crypto world and also protect investors.
Without it, cryptocurrency can never gain the kind of ground it deserves in the world market

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[Andrey13101991]

I agree to the rules.  They should be always and everywhere.  Because there will be chaos.  But no one says that you need to control cryptocurrency.  And I am sure that it will be as soon as there are regulators.

we are not talking about the control of the cryptocurrency itself, but the control of new projects and their teams. I think it will be very positive for investors.

[BUK2016]

Regulation of is one of the factor that will make to adopt Bitcoin and crypto currency at large this is because there are so many people out there who don't trust anything that is not regulated by the government of there country and that has pose a serious challenge on the adoption of crypto currency in general.

[Impaler]

Depends on how regulation implemented for the general people. At this moment many countries are banning crypto and regulations bis better than banning them. In this market there are many problems regarding crypto like money laundering or scams. To stops this kind of thing regulation is much needed. And if regulation comes there will be less scams as my opinion. But regulation has its own problems. This crypto currency will lost its privacy if regulation come to the ecosystem. That's a big problem for its user.

[Slark]

This is a very controversial issue. Regulation is contrary to the purpose of crypto. Crypto should be anonymous and decentralized. But on the other hand, it would help to protect crypto users. But I still think that we can do without regulation.

[minersday]

Regulation of cryptocurrency simply means giving a central authority or a third party  the power to control the amount  of  funds sent or received and the amount of it in circulation. This goes against the main ideology of the creation of cryptocurrency and the whole idea of decentralization. The crypto ecosystem needs no regulation, people need to understand the real purpose and use of cryptocurrencies.

[Tapyaks72]

Regulation of cryptocurrency simply means giving a central authority or a third party  the power to control the amount  of  funds sent or received and the amount of it in circulation. This goes against the main ideology of the creation of cryptocurrency and the whole idea of decentralization. The crypto ecosystem needs no regulation, people need to understand the real purpose and use of cryptocurrencies.

Decentralized system of cryptocurrency is the hindrance of regulation, because crypto currency was designed to have no boundaries, meaning its free from any government manifestation. It is made for  the people and by the people.

[bvg96634]

I think the regulation is in the positive direction. It will prevent scams and other frauds in the ICO. Rules should always be there because they prevent fraudsters from frauding and coning people. It doesn’t defy our freedom. I think it enforces and protects it.
Regulation will lead to better and more reliable projects. Many people are making their ICO up to make money out of people.
Many companies will be able to raise funds easily through ICO now.

[97percent]

Rules have a good goal to protect everyone from malicious actions. I think these rules should be supported and if the rules can continue to run will certainly gain public trust. I believe that with the trust of the investor, of course, will have an impact on increasing the trading volume.

[Vladok]

On the one hand, this is good,because there will be less kickbacks and manipulations in the market,and on the other hand, then there will be no exorbitant prices in the market,since the price will be regulated

[AjithBtc]

Regulation of bitcoin is truly good when the same is being used in the right way. If the market is regulated, it should be done in such a way that the decentralized functioning of the network should not get disturbed. When things go under a regulated framework automatically it'll begin to function as a centralized network under some authority.

[globalking]

regulating cryptocurrency or not it does not matter cryptocurrency is here to stay if the governments want to come up with regulation no issues.

[nitin8263]

I think regulation of cryptocurrency is good for everyone because many of countries in which crypto has not regulated yet now and most of people who believe in crypto they are very dissapointed.

[TheCBF]

The Crypto space is one of the last truly free markets, albeit with a few too many bad actors at this point.

As the space grows, regulation is inevitable and as with current money and equity markets regulation will vary from country to country. For example, China doesn't like crypto because they will have nothing that threatens the RMB, whereas the UK just cares about the profits / income made and it seems just views it like Spreadbetting or Gambling for tax purposes.

Regulation will play into the hands of the big players; banks, investment houses, fund managers, etc. as they can set the rules and become the gatekeepers just as they were for stocks, shares, currency, metals, etc. for so many years. Great for them as they can soak up the profit for shareholders and fat bonuses and not return it to the crypto community.

I would hope the community at large comes up with self regulation to avoid this, thereby avoiding the draining of wealth into the pockets of those who's only goal is just that.

CBF

[slashz9]

have a good and bad side, good for security of course people will more save invest their money.
bad for development, because limited to due regulation,example project need 10m $ for get the soft cap, but in that area/country not have funds or have low investor on crypto.

[virtualx]

It's two sided, regulation looks good from one side and bad from another. Yes regulation with regards to containing all these raging scammers that abound in the crypto space is good, especially bringing down the hammer on those who's aims are to fleece investors however having this regulation can easily bring other "negatives" and as a community we must all weigh the consequence(s) of our collective decision(s).

[Bang El]

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 think it should be right for the government to regulate a regulation on cryptocurrency like stock market regulation,Coupled with the existence of these regulations will certainly minimize fake altcoin and fake investors

[daenarys_stormborn]

of course there is good and bad, the good thing is that if crypto is regulated, crypto will be recognized by the government, and chances are that crypto prices will be stable, but badly, if crypto is stable, people will be less interested in investing

[Best Dreams]

I think regulation of cryptocurrency is good for everyone because many of countries in which crypto has not regulated yet now and most of people who believe in crypto they are very dissapointed.

Well if they will regulate it I am sure people will not support it as crypto currency is independent and after regulation government will put their nose in rise and fall of crypto currency, so for me it is not good to become regular but it is also reality that after watching such amazing growth of crypto currency government are interested to regulate it for people.

[The3max]

it's good or bad depending on who judges it.
For example, for spam and cheater people, the rules are really annoying, they don't like it.

The government cannot control the blockchain, where regulations are not imposed, crime of money laundering and property hijacking cannot be controlled.

Good or bad is because of their purpose