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 regulation on crypto trade is needed because that can avoid from member to be scammed. But on crypto it self, its hard to regulate because its decentralized system. Its very different between crypto exchange and cryptocurrency it self
If i had to choose between ban or regulation then i would definitely choose up regulation because it would be considered by the government and the adoption cant really be stopped because it is being banned.On avoiding illegal things regulations would be need and this would also serve as users protection when it comes to fraud and possible illegal things that might happen.Centralizing thing will surely remove decentralized aspect.