Regulations or Anonymity

[aliceHortrex]

If you want regulations go to stock market.
If you want anonymity then choose cryptocurrencies that give us opportunity to be free again.

Cryptocurrency has no anonymity. I have already transferred all my data to the stock exchanges. Tell me what can be anonymity?

[abstractednerve]

Cryptocurrency is not totally anonymous but it is decentralized! Anonymity is the nature of crypto and everyone loves, feels safe and freedom in crypto's anonymity! But to make crypto adoption in real life, regulation needs too! I don't want to see Bitcoin under regulation, but still, if a new project comes with a face then I will welcome them gladly.

[Mr.Spreadthehamster]

Unfortunately, anonymity for fraudsters is the only necessary factor for prosperity, and KYS is the main mechanism for deterring them, but it is also vulnerable. Therefore, additional tools or rules are needed.

[valek.bruno]

If you look from the point of view of the global Internet, then I think that today it is very difficult to speak on the topic of anonymity. Because today there is and is already running a huge number of services that index a very large amount of data that worsens your anonymity.

[jessyj48]

I don't believe that KYC can make scam impossible and I believe that if all privacy coin are erased we will have problems on crypto space ,it means KYC implementation will make your Worth's known which can't be called 'safe' ,as for KYC stolen identity is still a big problem

[Bostraticus]

The truth is that KYC will not stop scammers, they just can buy an ID. However, this is the only tool to combat fraudsters.

[posi]

Regulations and anonymity both have an advantage and disadvantage but I definitely like the anonymity part of crypto currency because regulation could lead to act of data linkage which was said to happened last year. However, i wont blame the SEC raising issue about regulations because the crypto currency anonymity abuser are the cause of it.

[blu.storm]

the blochain is and must remain anonymous the kyc should be abolished altogether in the world of crypto, the various scams can be prevented in other ways, for example the various dev and team of the icos must make public names and photos and use escrow

[Nivia1st]

These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?

what about both, a regulation and staying anonymous isn't that better?
I know KYC is a failure nowadays there are many problems caused by PCs but we should be able to become a better way to solve them. privacy is one of the things that makes crypto grow to this size. so it's impossible to remove.

[bitcoinst]

You can curse regulation as you like, but it is this that still helps to keep the crypto market, without centralized exchanges, without centralized coins, it would be extremely difficult for us, and the scam would be much more.
Therefore, regulation in the ICO as a temporary measure may well play a positive role.

[dipeco]

I am still for anonymity, because it is one of the major advantages of crypto currencies and I am sure there is a legit way of how to guarantee investors that a project is not a scam. When we will find this solution we would not need any regulations.

[ven7net]

They say so, if you hide something, you want to be anonymous. I also thought about it for a long time and I believe that there is order when everything works according to the rules. The rules in our case is regulation. Do not forget that all financial systems have always been dependent on the rules and there have always been those who managed the system. And who said that the blockchain was originally created for anonymity? Now a lot of things are being said, but the truth is that we do not know the truth. Based on this, we conclude that the development of a crypto industry is hampered by the recognition factor, and therefore regulation is needed. After it, banks will use cryptocurrency, which means recognition will occur.

[Viceroy]

A tricky question, as for me. I would vote for anonymity for sure but that’s probably because I’ve never lost my money here.
I was extra cautious but if I had been robbed I’d have had a different view probably. So let’s drop it till better times

[LeetPoolsOP]

A tricky question, as for me. I would vote for anonymity for sure but that’s probably because I’ve never lost my money here.
I was extra cautious but if I had been robbed I’d have had a different view probably. So let’s drop it till better times

I do not understand why everyone wants to get this anonymity? You do not do something illegal. Of course, if you are a gangster, then it is profitable to be anonymos

[Aptekary]

A tricky question, as for me. I would vote for anonymity for sure but that’s probably because I’ve never lost my money here.
I was extra cautious but if I had been robbed I’d have had a different view probably. So let’s drop it till better times

I do not understand why everyone wants to get this anonymity? You do not do something illegal. Of course, if you are a gangster, then it is profitable to be anonymos

It seems to me that if you look through the prism of the world struggle against terrorism, then no state will allow cryptocurrency users to work anonymously. You understand that billions of dollars are spinning in the cryptocurrency market, which is quite possibly used for evil purposes. Based on this, certain rules and adjustment of the cryptocurrency market will follow.

[marjil]

The whole point of inventing crypto was really to provide a decentralised platform for financial transactions and in order for this to work the system relied on anonymity so that transactions were all private and free from government getting involved. If we get rid of anonymous transacations many people will just leave crypto and go back to fiat.

[Dacosta Osei-Tutu]

Looking at the rise of scam in crypto these days, I think regulations are much needed. The market is being manipulated by bots and KYC will help control that.

[boris singer]

The whole point of inventing crypto was really to provide a decentralised platform for financial transactions and in order for this to work the system relied on anonymity so that transactions were all private and free from government getting involved. If we get rid of anonymous transacations many people will just leave crypto and go back to fiat.

many things apply otherwise where someone who really understands crypto will actually enlarge their interest. the initial principle will continue to synergize and change some things that are really undesirable, but no matter how strong the regulations that will emerge will still not apply perfectly and there will still be some loopholes to keep the user anonymity of assets that are still desirable in full privacy.

[shesheboy]

Looking at the rise of scam in crypto these days, I think regulations are much needed. The market is being manipulated by bots and KYC will help control that.

fiats are other centralized currencies are already regulated but did that solve the issues on scamming and other illegal crimes ? i guess no  . same can also happen to crypto if crypto was already regulated i dont think that scamming can totally vanished as what you intented to say .  kyc can only give us all a head ache  .  crypto was meant for anonimity and bieng independent so dont ever ruined its purpose  .

do not understand why everyone wants to get this anonymity? You do not do something illegal. Of course, if you are a gangster, then it is profitable to be anonymos

lol no it does not mean that way  . you dont need to be gangster or a criminal to be able to fit in being anonymous . people just dont like to expose thier identity as it is more dangerous and can lead to some other criminal acts that can be used against you  .

[Febo]

These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?

I dont believe anonymity and regulations have much in common. All countries does regulate and will keep regulating crypto.  People and also governments will use cryptocurencies with transparent and non transparent ledger. There is usecase for both. Also scams will be always possible.