Post
Topic
Board Economics
Re: Do we need regulations?
by
emezh10
on 11/03/2018, 16:59:39 UTC
Every now and then we need always a regulations in order to have a proper process or anything else because regulation intends to regulate what people are allowed to do, and I think that in crypto world we need a regulation to have a clearer transactions for all.
Regulation in a specific system is always normal when it comes to having or settling a value with a given state. it means that
Yes in order to lessen or prevent the increasing number of victims and scammers here in the cryptocurrency. Like managing a country everything is based on regulations because without it there will be an outburst or too many conflicts that the other cryptocurency coins might suffer in the future this also one way of lessening the risk.
It is true , regulation is established in order for a specific country to have a better way or system in transaction. Likewise in regulation of bitcoin that could actually help to monitor or somehow balanced the transaction on either buying or selling bitcoin in the market or trading site. It is must yet, bitcoin decentralized system may have a bigger impact on having a regulation in terms of transaction and the whole system of bitcoin.