How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?
Please, share your thoughts. I'm a bit confused about what's happening right now.
I think yes we do really need regulations to be implemented into the world of cryptocurrency because of they are virtual, many people can easily jump in and have an access with the world so we need to be able to have such regulations to keep the balance within the world to keep the equilibrium on moving to avoid such worst things to happen such as being greedy and crimes are being blamed to the wide usage of cryptocurrencies.
Crypto currencies doing crimes or illegal activities used is strictly prohibited in our government, that's what happen to some countries that they can't accept bitcoin in their place because of that possibilities happen. They can't controlled crypto's especially bitcoin due to decentralized coins it means no one behind this crypto's just to be control.
I think this regulation to our country is good for us to keep us safe from any scam attempt.