More Regulations For Cryptocurrency?

[yousufatik20]

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

[Zsangx12]

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

Yes, these regulations will not prevent the rise of cryptocurrency as well as blockchain technology. Many countries that support cryptocurrency will come up with regulations that can grow it more and more.

[densuj]

Under-Regulated Cryptocurrency Era to Come to an End Soon as Regulators Speeden Crypto-Legislation
Although the cryptocurrency industry currently lacks robust regulations, this will quickly change as the industry matures over time. According to an Asia Times article published on October 4, 2018, regulations surrounding cryptocurrencies will grow at a significantly fast rate as regulators, it is mean will more regulation for cryptocurrency around the world.

[bdsharminsoltana]

Price I think is irrelevant when it comes to the government on deciding what regulations they are making. If they based their regulations due to the price having insane amounts it will be unfair and not justifiable as they are actually trying to control the prices of Bitcoin with their laws which I think is wrong. Right now the regulations being created is a way to avoid criminal activities which some of them are related to money laundering, tax evasions, buying and selling of drugs, and funding terrorism which I can say is the right track in supporting cryptocurrencies.

[leodiaz]

The existence of government regulations will not hamper the growth of crypto currency. In fact crypto is increasingly popular in developed countries and cyrpto is growing. Even in Japan, crypto is planned to be used to pay employee salaries.

[mamun777]

Yes, until now BTC hasn't been legally obtained from the government in some parts of the world. but that doesn't become an obstacle for btc to keep long life. because until now btc transactions still happen and cryptocurrency can still make a profit. Over time, the government began to study the blockchain system which is the latest technology in the creation of btc and cryptocurrency.

[AltLogan]

I think government can only make any regulations in a way of getting some profit from crypto.
And opposite, they can want to regulate but never to get access to do it.

[Zed0X]

We'll definitely see more regulations. Bitcoin reaches $20,000 and we heard a lot of news about regulations from different countries, how much more if $100,000?

[zenbook]

Yes, there isn't a possibility that government will add more regulations for cryptocurrency. In the first place, there are many of these cryptocurrencies that is considered to be a scam, yet, they are still operating. With more regulations from the government, this scam crypto can be stop.

[jet]

Regulation should come up to protect the interest of the investors. I think this will not stop price to rise up instead it helps boost the price more to the highest level as investors would gain support from the government and its feel much safer by that time.

[napster]

I would really want to have more regulations on crypto market. If regulations came earlier, we would be looking at a more stable market right now and blockchain projects could really focus on their techs.

[bayiajaib]

Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

I think It is good idea.  The government can legalize the  crypto currency. Because It is the future technology and will be needed at the future.

[Jaguar]

It will be regulated once bitcoin come up to super expensive value. That is what government can to regulate all item if they think more disadvantages. Of course they do it to have better system.

[Fenix]

I think that the state will gradually introduce new rules and restrictions on the circulation of cryptocurrency, especially when Bitcoin will increase significantly in price. States may allow decentralized cryptocurrency to go, but they themselves will not actively support it. We can see this even in Japan, where anonymous coins, such as Monero, Dash, and others, were banned for circulation.

[bhm45]

Maybe regulations in cryptocurrency is needed to prevent more fraud projects steal the peoples money.
As long as the regulations not making crypto worse, then it will be good for us. For now, there are still some countries not allowing to using crypto, but if there are regulations, they maybe consider to allow it.