Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: jet on August 11, 2018, 04:05:01 AM

Title: Crypto currency legality.
Post by: jet on August 11, 2018, 04:05:01 AM
Guys, just want to hear your thought! If crypto currency will be control by the government. Is it good or bad? I know a lot of people want to remain anonymous but the current ecosystem is full of scams maybe its the right time to shift to centralization.
Title: Re: Crypto currency legality.
Post by: Nestle on August 11, 2018, 04:19:00 AM
Good for security and maintaining the stability of crypto prices. bad because crypto prices will not experience large movements. profits will decrease.
Title: Re: Crypto currency legality.
Post by: Jaguar on August 11, 2018, 06:06:24 AM
We are at decentralized ecosystem and yet there are huge victims of being hacked, being scammed. How much more if we come up into centralized ecosystem. Bad motives people will use the other identify in order to victim another person. The more problems will rise up.
Title: Re: Crypto currency legality.
Post by: jet on August 11, 2018, 06:36:17 AM
We are at decentralized ecosystem and yet there are huge victims of being hacked, being scammed. How much more if we come up into centralized ecosystem. Bad motives people will use the other identify in order to victim another person. The more problems will rise up.

I disagree! Protection is somewhat makes the project secured. Investors bounty hunters will now be somewhat safe in the environment. Scammers / hackers are everywhere but compare to centralization we have protection from the government laws. Any wrong doing is subject to the laws and regulation implemented. Unlike decentralized no identity to sue if project goes something bad.
Protection is all we need in the crowded environment.
Title: Re: Crypto currency legality.
Post by: kenning on August 11, 2018, 08:13:15 AM
Guys, just want to hear your thought! If crypto currency will be control by the government. Is it good or bad? I know a lot of people want to remain anonymous but the current ecosystem is full of scams maybe its the right time to shift to centralization.

If it is control by government crypto will lose its "value" from decentralise to centralise. Dencentralize is one of the most attractive factor to attract people investing into it if its gone maybe crypto will lose a huge number of supporters.
Title: Re: Crypto currency legality.
Post by: Sentinel on August 11, 2018, 10:25:53 AM
It will be difficult for the government to control crypto money. therefore many of these world countries do not recognize crypto because it is difficult to control and monitor. especially in Indonesia. Crypto money until now is still not recognized by the Indonesian Government.
Title: Re: Crypto currency legality.
Post by: I-Bit on August 11, 2018, 11:25:22 AM
The point is government has the authority to manage the regulation related to interests of the state and society. But it doesn't mean government control the cryptocurrency world. We all agree that cryptocurrency is decentralized ecosystem. If government control it, it will be centralized ecosystem. It is bad for the development of cryptocurrency.       
Title: Re: Crypto currency legality.
Post by: sibolis on August 11, 2018, 03:24:49 PM
I think legal is good for crypto investment.  More peoples will invest in ICOs and it's good to reduce the scammer
Title: Re: Crypto currency legality.
Post by: purpleseven on August 11, 2018, 03:31:43 PM
Who will control crypto prices? I think crypto is better to have a free market. investment in crypto is a very good change. enthusiasts will grow without government intervention.
Title: Re: Crypto currency legality.
Post by: santawarrior on August 11, 2018, 03:39:36 PM
I think this is a good moves if the government will legalize cryptocurrency investment so the government can help to monitor and control market fluctuations and this help also secure people investment from any scamming activities.
Title: Re: Crypto currency legality.
Post by: May on August 11, 2018, 05:46:15 PM
Crypto money is still not recognized by the Government of Indonesia. It will be difficult for the government to control crypto money. Therefore, many of these world countries do not know crypto because it is difficult to control and monitor. especially in Indonesia.
Title: Re: Crypto currency legality.
Post by: dekafee79 on August 11, 2018, 05:48:48 PM
Guys, just want to hear your thought! If crypto currency will be control by the government. Is it good or bad? I know a lot of people want to remain anonymous but the current ecosystem is full of scams maybe its the right time to shift to centralization.

Crypto curency is decentralization system. I think no one can controll crypto over. It is my opinion.
Title: Re: Crypto currency legality.
Post by: doc on August 11, 2018, 05:56:29 PM
Guys, just want to hear your thought! If crypto currency will be control by the government. Is it good or bad? I know a lot of people want to remain anonymous but the current ecosystem is full of scams maybe its the right time to shift to centralization.

Yes, I think It is a good idea. The government legalize crypto. But The government cannot control crypto currency.
Title: Re: Crypto currency legality.
Post by: legend45 on August 11, 2018, 06:14:01 PM
Guys, just want to hear your thought! If crypto currency will be control by the government. Is it good or bad? I know a lot of people want to remain anonymous but the current ecosystem is full of scams maybe its the right time to shift to centralization.

If it is control by government crypto will lose its "value" from decentralise to centralise. Dencentralize is one of the most attractive factor to attract people investing into it if its gone maybe crypto will lose a huge number of supporters.

I agree mate. Crypto is decentraluze technology, I think If the government controll crypto, It will be centralize.
Title: Re: Crypto currency legality.
Post by: May on August 11, 2018, 06:56:11 PM
the government will legalize cryptocurrency investment so that the government can help monitor and control market fluctuations and this assistance also secures people's investments from scamming activities. Certainly investors and market participants feel protected.