Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on October 10, 2018, 05:19:27 AM
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Government regulation comes with its own advantages and disadvantages. The regulations will reduce the FUD created in potential investors as cryptocurrency becomes legal in more countries. However, the regulations will make the governments have large control over the transactions and determination of the prices of coins on the market.
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Of course I support government regulations and rules, government issue and regulations makes cryptocurrency more stable and secure.
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The government is doing this because to make crypto a safer investment that can be used by everyone. That is a good way to make interested people more interested and trust crypto. but to set prices, I think exchanges and technologies that will differentiate or judge crypto prices.
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Government regulation comes with its own advantages and disadvantages. The regulations will reduce the FUD created in potential investors as cryptocurrency becomes legal in more countries. However, the regulations will make the governments have large control over the transactions and determination of the prices of coins on the market.
No I don't support the Goverment and Central Banks regulation over people choice of money. They are proven always breach that trust given by us by printing more money with quantitative easing (QE) and always weaken the value of Fiat itself until go to Zero. I dont care about the legal status. Legal seems means more tax for holding or own Bitcoin.
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it is a risk that must be chosen, actually the regulation is not too important, provided we can still freely access cryptocurrency on the internet,
so there is no regulation, but also there is no prohibition, and we can still freely transact on the internet, so enjoying the opportunities is the best thing :)
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in my opinion, depending on the rules made, if the rules facilitate or benefit the cryptocurrency it doesn't matter, but if the regulation makes it difficult or doesn't even give the cryptocurrency space, then I don't agree
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support once the government makes the rules certainly cannot be separated from the risks that will be caused, but sometimes government policies also complicate unilaterally, I only hope that if the government makes rules in crypto regulations that do not complicate cryptocurrency
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Of course not because it simply means the end of Satosh's vision, people start celebrating with every regulation because it boosts Cryptocurrency prices but what they do not realize it is at the same time just more steps in the way of killing the decentralization of Cryptocurrency.