Quote from: Pursuer on January 02, 2018, 07:57:28 AM

your are kind of demonizing the word "regulation" specially with your picture alone! and I don't get why?!

regulations are not always bad. look at Japan and their regulations that helped push bitcoin from $900 to over $5000 in only a couple of months. and in addition to that it led to hundreds of thousands of merchants accepting bitcoin around every corner in Japan.

what you are saying is a couple of restrictions that are sometimes even necessary to exist in order to prevent crimes such as money laundering. and most of the things you mentioned such as AML/KYC are inevitable since bitcoin and exchanges are tightly involved with fiat!

As with any new technological development in the financial/business realm, governments find themselves chasing after the innovations with a delayed response. Same thing with cryptocurrencies now. I think it may be safe to assume that - at first - regulations may be irrelevant or problematic (due to not comprehending the crypto scene correctly), however, in the long run such regulation can be improved and help develop public confidence in cryptocurrencies.

This could increase investment and public use of cryptocurrencies and blockchains.