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Author Topic: Is regulation good or bad?  (Read 30862 times)
farraddy
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July 17, 2019, 12:26:23 PM
 #1221

Anyway, we have already started to regulate the cryptocurrency. The other day in the US should be a discussion about Facebook and its Libra coin.

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Tsubachuchu
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July 17, 2019, 01:10:59 PM
 #1222

I will agree with you that the regulations are important for the crypto world, so it can reduce the case of scammers with the crypto regulation policies. And other things can also be beneficial to the industry and also to other parties, hopefully in the near future it  will be realized soon by crypto people.
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July 17, 2019, 01:24:01 PM
 #1223

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?

If I am going to compared what is happening now in the market, my answer is yes, regulations was good to implement.
Why? to prevent scamming and hacking our coins every We are in the market. Also implement AML for every ico project that will arise
crypto world.

awakpane
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July 17, 2019, 01:35:29 PM
 #1224

In my opinion, the good or bad of a regulation depends on the concept that is built and has benefits and benefits for all parties. if the regulation is applied to crypto, then surely everyone will accept it.
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July 17, 2019, 02:01:17 PM
 #1225

I think it's time to draft a regulation in order to avoid cheating which is certainly a lot of parties and I'm sure the government's intention is to prevent criminal acts and of course I strongly support that.
not just to anticipate crime. clear regulations for the government's real support for crypto. This is good for investment, whatever aspects are required by the government, this regulation is important for crypto.

I believe if ICO and Cryptocurrency will be regulated, it should be from a country where Cryptocurrency is well accepted, and the company should be fair and they should have a prosecution panel of a sort in case some companies failed to deliver what's on their roadmap and run with investor's money.

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July 17, 2019, 02:04:50 PM
 #1226

with the way scam projects are running away with people's money, I think regulation would somehow minimize scam projects. Although I think regulation would be against the decentralized nature of cryptocurrencies. But I would prefer having a regulating body than to lose my money.
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July 17, 2019, 02:42:05 PM
 #1227

it has positive and negative things, the positive thing about crypto regulation is that crypto will be more recognized by the government and the state, but the negative thing is crypto can become more stable, and this is what will make investors less interested

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July 18, 2019, 08:12:23 PM
 #1228

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 that the United States Congress is so keen on regulation and control over cryptocurrency, I can now see that the demerits of regulations might just out weigh the merits. If only cryptocurrency personalities  can fully solve exchange and fund raising frauds, things will be fine

Barracuda
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July 18, 2019, 08:19:08 PM
 #1229

Basically, of course this regulation has positive and negative values. In my opinion, of course, very good in crypto has a regulation that is a kind of regulation that is given for crypto space. But I want to ask again here, Do everyone here agree if the regulation is for the future? I think all will have their opinions whether they agree or not.
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July 19, 2019, 07:36:55 AM
 #1230

with the way scam projects are running away with people's money, I think regulation would somehow minimize scam projects. Although I think regulation would be against the decentralized nature of cryptocurrencies. But I would prefer having a regulating body than to lose my money.
The regulation certainly aims well because it regulates crypto currency so that it is not misused by criminals or has an adverse effect on society, for example ICO as fraud.
But if it aims to hinder or treat crypto like banking, of course there are many who disagree because it will eliminate the anonymous characteristic of cryptocurrency, even though it is not anonymous 100% because KYC is still needed when withdrawing money from the crypto exchange.

b1boy
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July 19, 2019, 08:03:58 AM
 #1231

Regulations is in every case great in cryptocurrency, however in all divisions. Be that as it may, tight and over the top guideline isn't great. It might raise political agitation. Numerous individuals in the field of cryptocurrency are holding view that regulations will execute or influence cryptocurrency. Indeed the facts confirm that cost of coins will go down incidentally when there is guideline set up. In any case, regulations will make cryptocurrency solid and stable.
BitcoinPanther
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July 19, 2019, 08:52:23 AM
 #1232

I totally agree with you when you said that regulations will do good in the long run. Why I said that? Because as time goes by and as crypto was being known to all and the benefits that we can get from it, more and more projects will come and I really think that we need a regulatory body to regulate it.

This regulatory body will not only protect us from fraud and scammers but will enable us to maximize the benefits that we can get. If we are thinking of a long term period in Crypto then we need to support this concept.
kurcalas
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July 19, 2019, 08:57:59 AM
 #1233

I totally agree with you when you said that regulations will do good in the long run. Why I said that? Because as time goes by and as crypto was being known to all and the benefits that we can get from it, more and more projects will come and I really think that we need a regulatory body to regulate it.

This regulatory body will not only protect us from fraud and scammers but will enable us to maximize the benefits that we can get. If we are thinking of a long term period in Crypto then we need to support this concept.

Like all discussions on this subject, it is relative in this regard. It's all about how regulation is going to be. If the regulation is completely prohibitive, it will not help anyone.
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July 19, 2019, 09:05:27 AM
 #1234

of course, regulation is very important for crypto progress. the trust of a country's government to legalize crypto transactions. of course we know that together today many countries still reject crypto currencies. for regulations, whether it benefits the government or users of crypto currencies, I don't think it is a problem. the most important thing is trust that lends itself to crypto currencies. of course it will be very good.
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July 19, 2019, 10:29:32 PM
 #1235

The crypto industry has proven NOT to be trusted if left independently. Recently, the wave and presence of scams and ill practices in the industry has increased tremendously in part owing to the absence of a regulating body for crypto related activities. Several fraudulent practices in the industry has also gone unchecked due to the lack of regulations. Personally, I think the crypto industry has to be regulated towards bringing sanity and transparency in the industry.
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July 19, 2019, 10:43:38 PM
 #1236

The adoption of cryptocurrencies has to surely come with some sort of regulation to get rid of all the scams that are circulating and making people lose their funds. This would go a long way to improve the security, trust and solidarity that people would have in the cryptosphere and its activities.

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July 19, 2019, 11:35:48 PM
 #1237

Thare are different opinions on this topic, but to my opinion regulation will bring new investors and then crypto to be pumped. As long as most of crypto users are waiting for this pump, so regulation is definitely good idea. But for dark web regulation is bad. Imagine if major exchanges will have to delist monero and dash

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July 21, 2019, 12:48:39 PM
 #1238

Thare are different opinions on this topic, but to my opinion regulation will bring new investors and then crypto to be pumped. As long as most of crypto users are waiting for this pump, so regulation is definitely good idea. But for dark web regulation is bad. Imagine if major exchanges will have to delist monero and dash
We should not be interested in how this will affect on the darknet. we are people who want cryptocurrency to help the development of society and that's why regulation is necessary for this market

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July 21, 2019, 06:01:59 PM
 #1239

Regulators are definitely a good thing, because when they come, a lot of people will be interested in cryptocurrency and start investing in it

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July 25, 2019, 09:53:03 PM
 #1240

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 also subscribe to the school of thought that regulations are good and I personally believe that we actually need now in the crypto space. A lot of projects are being introduced on a daily basis of which majority are just out there to exploit the nativity of investors without any developmental goals. We really need a change through the introduction of regulations
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