Re: Can authorities really regulate cryptocurrencies?

Of course they can. They can always come up with laws restricting the usage or the operations of exchanges, however, there will always be a way to trade, it's just a matter of badassery. Grin

Bitcoin is not so different from amphetamines, the government can always regulate but the trade can happen with them unaware. Law of supply and demand, dude.

This guy gets it. You can hide your cryptos but you're at risk on exchanges.

Maybe sometime in the future when authurities can already figure out as what policies and laws are appropriate to cryptocurrencies. This would be advantegeous to us bitcoiners to prevent fraud and criminalities worldwide.

I don't agree with you at all. Fraud and criminals will always exist in this world no matter what. What we must do is secure our wallets which will itself decrease theft crimes worldwide. When it comes to regulating the crypto world, many governments tried and failed. No government in this world can regulate bitcoin which is why it is a decentralized currency.

Fraud and criminalities always exist, but government can prevent it by releasing regulations regarding cryptocurrencies, atleast it's better than letting the cryptocurrencies world going wild?.
as for japan, they have already create a regulation regarding digital currency or to be said cryptocurrency. And by that, they already caught a scammer in japan that scamming so many people. So basically, their regulation is not useless.