Why must crypto be regulated?

[Domithra]

Regulating cryptocurrency is the main focus of the governments in order to stabilize the prices of coins on the market and also check the persons behind the transactions. Regulating cryptocurrency will allow the governments to accept cryptocurrency and announce it legal in most countries. This will cause more potential investors to join crypto yet crypto cannot be much lucrative as it uses to be due to the price stability that might follow the regulation.

[alltalk]

Does it mean you agree with the idea to regulate crypto, mate? 
When government can regulate the crypto and make the price stability, then we will lose the nature of crypto. We know that crypto is decentralized and with unstable rates. The regulation will change the nature of crypto. In addition, I don't think it can bring more potential investors yet investors may worry about the strict regulation from the government. 

[Crypto Guard]

I really agree with your statement above. That's right, if Crypto is regulated in such a way, the government in a country can monitor it easily and minimize crime in it. Later this is what encourages government in other countries to be able to legalize Crypto in their country. If all this goes well, then it is true, there will be many new investors entering and boosting the Crypto market price.

[pedangrusak]

if the regulatory objectives are in accordance with your standards then I strongly support government regulation because I am sure that with price certainty it will attract investors and can provide benefits to the people of that country. but I know that there are other players or cartels who are able to control a country until the issuance of regulations that do not want their system to be investigated by the presence of crypto, hopefully this is just my illusion

[Leebarnes]

Does it mean you agree with the idea to regulate crypto, mate? 
When government can regulate the crypto and make the price stability, then we will lose the nature of crypto. We know that crypto is decentralized and with unstable rates. The regulation will change the nature of crypto. In addition, I don't think it can bring more potential investors yet investors may worry about the strict regulation from the government.

Absolutely regulation destroy the essence of crypto.

[Ezzi]

because they are equated with money, so that there are no strong increases or a sharp collapse of the market,because it is dangerous for the crypto world

[Jaguar]

Besides, there are other reason of government why they would like to regulate crypto. Normally, they would like to receive some crypto people's money from crypto transactions.

[cryptoc]

Hi, if that happens then crypto will lose its nature, and then it will be same as in other currencies, and then people might switch to something else, so it might not happen.

[thanks rye18]

Regulating cryptocurrency is the main focus of the governments in order to stabilize the prices of coins on the market and also check the persons behind the transactions. Regulating cryptocurrency will allow the governments to accept cryptocurrency and announce it legal in most countries. This will cause more potential investors to join crypto yet crypto cannot be much lucrative as it uses to be due to the price stability that might follow the regulation.

I believed regulating cryptocurrency is more beneficial for investors because by this time once approved and regulated the government can now help investigate if there's a huge fluctuation of crypto currency prices that possibly manipulated by some rich investors causing investor to loss their money.

[Dodo]

this is what drives governments in other countries to legalize Crypto. If all this goes well, there will be many new investors entering and increasing the market price of Crypto.If Crypto is regulated in such a way, the government in a country can easily monitor and minimize the crime in it.

[UNIVERSE]

The main goal of the government regulating crypto is to stabilize the price of coins. If it has been arranged, I believe that many investors will join the crypto currency because people's trust in crypto will be even higher. But if it is regulated, I don't think all investors will agree related to the anonymous system of the crypto itself.

[emma.lee1890]

Regulating cryptocurrency is the main focus of the governments in order to stabilize the prices of coins on the market and also check the persons behind the transactions. Regulating cryptocurrency will allow the governments to accept cryptocurrency and announce it legal in most countries. This will cause more potential investors to join crypto yet crypto cannot be much lucrative as it uses to be due to the price stability that might follow the regulation.

Cryptocurrency is designed to be decentralized, which means there will not be any central authority which could have total control over it ( in contrast to your day to day currencies issued by the government ).

[emma.lee1890]

Does it mean you agree with the idea to regulate crypto, mate? 
When government can regulate the crypto and make the price stability, then we will lose the nature of crypto. We know that crypto is decentralized and with unstable rates. The regulation will change the nature of crypto. In addition, I don't think it can bring more potential investors yet investors may worry about the strict regulation from the government.

There isn’t any central location that the government could simply shutdown ( unless every single country in the world agree to crackdown all crypto-related entities and business at once which is highly unlikely ) Even if a country decided to ban all crypto related activity (like what China did)

[emma.lee1890]

I really agree with your statement above. That's right, if Crypto is regulated in such a way, the government in a country can monitor it easily and minimize crime in it. Later this is what encourages government in other countries to be able to legalize Crypto in their country. If all this goes well, then it is true, there will be many new investors entering and boosting the Crypto market price.

Besides, tracking a specific crypto wallet although is not impossible, would be very difficult when it comes to connecting a particular address to an identity in the real world. Not to mention a simple VPN or a proxy server could be used to obfuscate the location of an individual.

[emma.lee1890]

if the regulatory objectives are in accordance with your standards then I strongly support government regulation because I am sure that with price certainty it will attract investors and can provide benefits to the people of that country. but I know that there are other players or cartels who are able to control a country until the issuance of regulations that do not want their system to be investigated by the presence of crypto, hopefully this is just my illusion

One of the ways that governments will use in their attempt to regulate cryptocurrency is to make the process of converting cryptocurrency to fiat currency extremely difficult. But this would probably require a global endeavor