wozzek23
|
|
February 25, 2020, 08:29:20 PM |
|
You do know that Bitcoin and decentralized cryptocurrencies are not like other assets that the government can easily tamp down with regulations. Bitcoin is different and since it is spread across different nations through ledgers it is hard for the government to regulate it in any way. If it was like other assets they would have try to put control on it to reduce the supply and make it scarce.
For them to be able to control Bitcoin they will all have to join together , though there are still some little ways that their regulation can have impact on Bitcoin, just like banning it, but it wouldn’t much. And it wouldn’t be possible for them to join hands together and control Bitcoin because they all have different opinions on it, some of them are in support of it while others are not.
|
|
|
|
|
|
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
imstillthebest
|
|
February 28, 2020, 04:19:43 PM |
|
the impact of regulations is pretty bad , i cant verify it on my own self but based only on what i read online crypto regulations means a government put a strict rule for the users .
it feels like the room will become smaller , we cannot now enjoy cryptos the way they were will built to be . if people feel feel pressured due to regulation , what can prolly happen is that they will quit on using cryptos and that results for the values to go down
|
|
|
|
Moshaid
Copper Member
Jr. Member
Offline
Activity: 546
Merit: 1
|
|
February 28, 2020, 05:16:10 PM |
|
I support cryptocurrency regulation due to the rate at which so many unnecessary currency are being introduced into the crypto space which gives most investors having hard time in choosing the best blockchain project to invest in. With regulation I believe the lost confident from investors to the crypto space will be restored back. Yes, blockchain is meant to be a decentralized system but with regulation alongside the decentralization, the crypto space will be a safer place.
|
|
|
|
bitbunnny
Legendary
Offline
Activity: 2898
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
February 28, 2020, 09:22:46 PM |
|
To my opinion regulation could affect cryptocurrency in positive way. It gives certain legal framework and security especialy for businesses and leads to better adoption and confidence. Unlike some beleive regulation wouldn't endanger Bitcoin decentralization and independency and to my opinion regulation is necessary for further development and growth of cryptocurrencies, it's a precindition for successful implementation into financial system.
|
|
|
|
Janation
|
|
February 29, 2020, 04:39:08 AM |
|
of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish
Doesn't know if this is true or not but just look at the map of this article. Most of the countries already legalized Bitcoin but we are still not seeing a pump in the price until now. That just means that despite the regulations or legalizations that are happening unless people; from merchants to users use it, it will not affect the price of Bitcoin or other cryptocurrencies. In terms of those new coins, well, that is inevitable.
|
|
|
|
travwill
|
|
March 01, 2020, 08:13:47 PM |
|
We are fortunate that we live in a multipolar world, because if only the United States made a decision of this kind, it would certainly not be reflected in the cryptocurrency market for the better. However, the US has opponents such as China and it can easily turn the rules of the game fully approving the cryptocurrency, for example. The United States simply will not have any chance in view of the fact that China will impose its game.
|
|
|
|
srcarreira
Newbie
Offline
Activity: 32
Merit: 0
|
|
March 02, 2020, 09:28:09 AM |
|
We are fortunate that we live in a multipolar world, because if only the United States made a decision of this kind, it would certainly not be reflected in the cryptocurrency market for the better. However, the US has opponents such as China and it can easily turn the rules of the game fully approving the cryptocurrency, for example. The United States simply will not have any chance in view of the fact that China will impose its game.
Cant disagree on this one. So regulations actually affect crypto market heavily, but since its not restricted by us only - we are seeing something like a tug of war between all market regulators.
|
|
|
|
Linkkoin
Member
Offline
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
|
|
March 02, 2020, 11:30:04 AM |
|
We are fortunate that we live in a multipolar world, because if only the United States made a decision of this kind, it would certainly not be reflected in the cryptocurrency market for the better. However, the US has opponents such as China and it can easily turn the rules of the game fully approving the cryptocurrency, for example. The United States simply will not have any chance in view of the fact that China will impose its game.
Cant disagree on this one. So regulations actually affect crypto market heavily, but since its not restricted by us only - we are seeing something like a tug of war between all market regulators. What is affecting cryptocurrency related legal businesses as well. Eg. may be advertising of services. As main advertising-related companies are based in the US (google, yahoo, facebook) you may not be able to promote your services at all, because they will ask you for a cryptocurrency license even if it is non-existent in your country (or applies to general financial-related services, not specifically to cryptos). If you cannot deliver it - you cannot promote your services locally, but companies from abroad (which may not meet local legal requirements, but have a foreign license not valid locally) can.
|
Online cryptocurrency exchange - https://linkkoin.com Buy BTC, ETH, XRP, BCH, EOS, LTC, XMR, REP, ETC, ZEC with credit/debit card
|
|
|
Jateng
Full Member
Offline
Activity: 1254
Merit: 144
Think Different
|
|
March 02, 2020, 01:01:22 PM |
|
of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish
Government will apply their regulation to the current crypto projects and new projects will need to approve before they proceed to it. It will help a lot for those customers that want to secure their investment. It will easier for them to track if someone will scam them. Countries like mine have not specific regulation about bitcoin, I think they're need to study more about cryto before they make a regulation about it. It will gain more attention to the people if they make regulation about crypto because they know that they government will help them to track if they got scam.
|
|
|
|
Twentyonepaylots
|
|
March 02, 2020, 04:23:40 PM |
|
of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish
Government will apply their regulation to the current crypto projects and new projects will need to approve before they proceed to it. It will help a lot for those customers that want to secure their investment. It will easier for them to track if someone will scam them. Countries like mine have not specific regulation about bitcoin, I think they're need to study more about cryto before they make a regulation about it. It will gain more attention to the people if they make regulation about crypto because they know that they government will help them to track if they got scam. But this will be just an added project cost to the project so most likely they will end up pushing higher soft capitalization. Although it will help to secure the investment of the investors there is still a risk with these such as high competition. If we have physical regulation control by the government then all of us will be entitled to start and begin a project. Big countries like USA and China are subjective on this kind of matter. Russia on the other hand started its tokenization process for their investors.
|
|
|
|
|