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.
At least we need some regulations to protect ourselves from scammers and the so called "exit scams". We do not need any regulation to prevent people from investing their money as they wish.
Do we need governmental ICO regulations or could there be any market-driven forces that prevent the very existence of scammers? Could we implement regulations on blockchain or any other decentralized technology and get rid of incompetent governments? I mean could we have the rules in code so that nobody could violate them?
Having a global eye on the cryptocurrency, some governments are banning it some are ready to accept it as their transactions on a higher level. People are not yet confirm whether they have made a right decision to invest in biotin, companies like eBay are accepting it.
I mean there is a chaos everywhere. We need to formulate a consistent and functional policy regarding the implementation and acceptance of bitcoin so there people interested to work in the field of bitcoin are free from any kind of insecurities regarding bitcoin.