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.
We do not need regulations because the security of every legitimate wallets on the market today is really good in terms of securing the cryptocurrency you have invested and the reason why people is switching to cryptocurrency is that, they do not want government to steal their money from taxes, but still we are paying taxes through transaction fee's so it was still a good amount of bargain and cryptocurrency should not be banned because it is not illegal.