Crypto regulations still have a chance?

[TanakabZX]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

Crypto is still illegal in some countries and through regulations the problem can be solved but regulations can't erase scammers in crypto space, it's not possible, in everything that deals with money there will always be stealing and cheating, whether offline or online it's doesn't matter

[bearexin]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

There are already centralized exchanges that are being regulated by the government in their countries. As for scammers, that's a problem, but even if regulation comes in fully into cryptocurrency and it's being declared as a legal asset in every country, there wouldn't be any much changes and scammers will still be here. So in this case of scammers, it's still up to us, to be careful.

If you don't want to get scammed, then you should stick to trading on centralized exchanges and also avoid new projects that you know nothing about. There are decentralized exchanges and these ones are not going to be regulated, they will still remain like they are, because there is no way that the government can regulate them.

[serjent05]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

Regulation is needed for mass adoption.  Once the government acknowledges and regulate the cryptocurrency industry, the feeling of protection, and security blossom.  Why?  Because guidelines that were non-existent will be available.  In case a new project or ICO appears, investors have an institution to verify if the said ICO is legit and have the proper documentation to operate.  The regulation will somehow filter projects and at least minimize scam ICO that plague the crypto industry today.

[Pecunia non olet]

Regulations definitely come, but I believe it would be the best what we can expect because we finally need some clear rules, what cryptocurrencies are, how can they be used, how to pay taxes, and much more. Without this we live in the fear, what will happen in the future. But I believe that governments will regulate cryptocurrencies in a way that will help cryptocurrencies to adopt - because they get money from them, right? 

[TheClownSong]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

In my opinion, coins circulating on the market today sell tokens by ICO or IEO methods and certainly have offices because they have employees. In contrast to coins such as Bitcoin which is based on open source and communities that are truly decentralized, many altcoins have offices and this can be a reference to regulate regulations.

[rathaha10]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

To be honest, I'm against the entire concept of crypto regulations because regulations and long chain of centralization are among the key challenges bitcoin was created to solve so if the crypto space is to be regulated, it implies that we are handling the concept of cryptocurrency to government and other legal parastatas which i believe everyone will agree is not what we really need in this sector. I believe the challenges of scammer attacks can be solved if cryptocurrency platforms works on their security algorithms to make it stronger

[TopT3ns]

I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.

[mersal]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

Regulations doesn't doesn't solve anything, it just give you extra burden which is called taxes.

Regulating something doesn't keep you secure from scammers because they know how to scam you without giving you their identity in an online deals so you can make a compliant when it is regulated and got laws against these scammers but there you have less chance to find the person who scammed you.

[jajorforce]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.

[Kotone]

I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.

For bitcoin it is. However how about those ICO projects that have committed so many crimes in the past? What can you say about their protocol? Authorities are just scared that if this continue too many investors will suffer from scam and fraud. New projects are taking advantage of this boundless regulations. There are some who got punished but the culprits of other scams? They just freely roaming again and doing new scam project all over again.

[Bonwin]

I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.

For bitcoin it is. However how about those ICO projects that have committed so many crimes in the past? What can you say about their protocol? Authorities are just scared that if this continue too many investors will suffer from scam and fraud. New projects are taking advantage of this boundless regulations. There are some who got punished but the culprits of other scams? They just freely roaming again and doing new scam project all over again.

This is more reason we need regulation, which some are against and others are supporting. If regulation eventually has its full course, then the interest of investors, most especially the novice can them would be protected.
Although, I am not in full support of regulation, because it has its own flaws, but if some conditions can be fulfilled to remove the flaws, then the better.

[luckyflop]

I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.

Agree with you, we can not set rules with cryptocurrency. This is a decentralized cryptocurrency and everyone has control over it. We only need ICO regulations to restrict scam projects in this market

[pixie85]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.

If you think that the government and their rules will save you from being scammed you must be living in a different world.

Regulations aren't needed and won't change much. They will reduce the number of scams but only those who are not cunning and daring enough.

It's not the scammers that are the biggest problem in crypto but the people who grew up thinking due diligence is not important because there's a government official's shoulder to cry on.

[Botnake]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.

If you think that the government and their rules will save you from being scammed you must be living in a different world.
Regulations aren't needed and won't change much. They will reduce the number of scams but only those who are not cunning and daring enough.

I'm sorry but I will disagree with that, for me, regulation will protect investors from investing in crypto, though it's pretty basic that everyone who are investing must have the knowledge but sometimes there are project that looks deceiving because they look legit, without regulation, they will be very confident with their scam activities.

The regulation will punish those who violate the law, especially the scammers of those, therefore it will reduce the scams as no one would commit a crime and end up to be in jail.

It's not the scammers that are the biggest problem in crypto but the people who grew up thinking due diligence is not important because there's a government official's shoulder to cry on.

With regulation, there will be more businesses going to adopt with crypo and they will be the one to make an initiative to help spread the awareness on  the risk of crypto investing, and that would help people to understand the real status on crypto in terms of its risk. Regulation will help minimize the scams, that's for sure, but it will not eliminate the scams, and we always choose regulation as it would help majority of us.

[TimeTeller]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

I think only regulations can stop cryptocurrency dump because scammers can announce only fake projects. Regulations are needed everywhere in our universe. Some regulations should be fixed from blockchain. If new projects choose this blockchain, they have to follow these rules like they can't increase or release any amount of tokens they want and coin should have maximum supply.

If you think that the government and their rules will save you from being scammed you must be living in a different world.
Regulations aren't needed and won't change much. They will reduce the number of scams but only those who are not cunning and daring enough.

I'm sorry but I will disagree with that, for me, regulation will protect investors from investing in crypto, though it's pretty basic that everyone who are investing must have the knowledge but sometimes there are project that looks deceiving because they look legit, without regulation, they will be very confident with their scam activities.

The regulation will punish those who violate the law, especially the scammers of those, therefore it will reduce the scams as no one would commit a crime and end up to be in jail.

It's not the scammers that are the biggest problem in crypto but the people who grew up thinking due diligence is not important because there's a government official's shoulder to cry on.

With regulation, there will be more businesses going to adopt with crypo and they will be the one to make an initiative to help spread the awareness on  the risk of crypto investing, and that would help people to understand the real status on crypto in terms of its risk. Regulation will help minimize the scams, that's for sure, but it will not eliminate the scams, and we always choose regulation as it would help majority of us.

Regulation is good but who will do such job?
Difficult to create a Central Authority for all those blockchain projects as who will be the leading personalities to manage this organization?
If every country will have their Regulating Body, there will be different rules and regulations, depending on what they perceive about blockchain technology.
We will not see regulation on this field in the next coming years. If the government will find how to tax these crypto users, maybe it will be the start of thinking the regulation of projects as well.

[makishart]

I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.

Agree with you, we can not set rules with cryptocurrency. This is a decentralized cryptocurrency and everyone has control over it. We only need ICO regulations to restrict scam projects in this market

It should be a self regulation that implemented in the blockchain. The dev has control over the blockchain and that means all of rules that being set on the blockchain created by the dev too or it can be determined by the community too. decentralized doesn't meant none can control it.

[Wh00re]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

You cannot regulate crypto, it wasn't meant to be regulated from the get-go, and due to it's decentralized nature, you wont see any real regulations either. Regulations will be from exchanges, but we've got great DEX's such as Stakenets Lightning DEX, which is by far the most promising one I've seen so far!

[Bitbtc8]

I think cryptocurrency regulation is not very important because the fact that I read in whitepapper bitcoin shows that Satoshi Nakamoto wants to create a currency that cannot be controlled by anyone. Only coin holders can control their coins, so cryptocurrency does not need regulations to develop, it's just that maybe for ICO and IEO it is very different from bitcoin and may require clear regulations.

What's exactly what Bitcoin whitepaper said, Bitcoin can't be controlled by anyone but are all coins like Bitcoin? No, we have over 7000 different altcoins in crypto space today, many of these coins can be controlled, ask me how? Through centralized exchanges, do you know how many exchanges delist Monero? Regulations is already in work

[Bitbtc8]

People needs something to lean on and only regulations can get them that, regulations can only solve trust issues that crypto is currently facing, nothing more, most people wants government approval before investing on crypto

[coinfinger]

Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?

Government regulation on cryptocurrencies may give benefits in short-term but in long-term we can expect lots of other big problems just because of government's interference. A decentralized system should remain the decentralized on all the times so that we can avoid all possible problems. Getting rid of scammers does not need to be regulated because there are other possible solutions are available for filtering scammers and to stay safer with crypto related activities.

When people are taking action against scammers like avoiding them by doing enough due diligence before investing then scammers make quit from crypto space. Yes, this kind of things will be possible over the time until then we must need to get practice to stay safer around scammers.