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.
the rule is necessary in bitcoin, because the rule is necessary to keep people using bitcoin from making mistakes.
Your explanation is so vague. Regulations are needed since Bitcoin is a decentralized digital currency. Without regulations, Bitcoin might be used in a crime by criminals and use it to fool people to give them money. No one will help you since Bitcoin is a decentralized digital currency, unless Bitcoin is regulated by the government, it is hard to to trust your digital currency
If its not regulated it doesnt mean that it will be used in illegal things rampantly.We do see regulation is already gradually increasing into some countries we dont have any choice but to embrace such changes.Even bitcoin is being regulated but it cant really be removed into its decentralized properties.Regulation is much better compared into a total ban but even in the situation on where it is already regulated there would be still hidden transactions that cant be traced up by the government and thats the good thing on using up cryptocurrencies which we do either choose on regulated or not kind of transactions.