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.
With regulations come, a lot of restrictions. There are many frauds happening around the crypto market. These days all the new ICOs that are launched are scam. They are designed to get money from the innocent people. this necessitates the implementation of regulations for the crypto market. Regulations will make the scammers under control and they will not mint out money of the innocent people.But the main problem of regulations is the restrictions that it will impose on the community. then the market will not be as free as now.