Post
Topic
Board Legal
Re: Cryptocurrency regulation?
by
GreenBits
on 27/10/2017, 14:00:27 UTC
No doubt about the future of fiat money: it's gonna be replaced by cryptocurrencies.
But does virtual money need a REGULATOR?

Why wouldnt it need a regulator? its money, or course it should be regulated if it is to be used within the borders of a gov that already has a fiat (read:99% or functioning governments). as much as everyone wants to have all the freedoms in the world, you dont want a world with unregulated bitcoin. bitcoin can be used to fund some gnarly shit, like terrorism or sex trafficking. Criminals are always looking at ways to subvert capital controls; bitcoin is pretty much that in a giftbox.

They regulate the milk you drink, depending on where you live. why the hell wouldnt they regulate actual money  Huh