Quote from: Paditani on January 22, 2018, 01:52:23 PM

Quote from: jseverson on January 22, 2018, 07:45:24 AM

Well that has kind of always been the idea. Regulations are for the protection of both the state and its citizens, not just regulation for the sake of regulating.

The catch here is that regulations could go both ways; overly stringent regulations could turn people off on the idea, while proper regulations could legitimize crypto in a way that citizens know that they're engaging in something real, and not some bubble crap that FUDers love saying.

I personally am for regulations for as long as they don't stifle the growth of the technology, and it erases the uncertainty of the government's future steps at the very least.

for me the government should apply the rules / legislation to the bitcoiner that regulates this (the list includes most or all developed countries with free market economies), which ensures the right of consumers, as well as fair trade, competition and accurate information on the bitcoin market . so crypto users have a sense of convenience.

I agree that the people in the BITCOIN industry feel protected by the government.