Post
Topic
Board Bitcoin Discussion
Re: Will regulation kill cryptos?
by
Oasisman
on 17/04/2018, 09:05:38 UTC
Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?

For me its the other way around if you look at it, the regulations would be the one that would keep the bitcoin and the cryptocurrency market alive. Having bitcoin and cryptocurrency regulated would mean that it ensures its survival as this would be accepted into a lot of countries or in the places which means that its stock and its use can grow exponentially and with that more users can flock into it and hat means more uses would increase demand higher demand means higher prices

You have made a strong point. Bitcoin would rather be regulated than being totally ban. Everyone knows that Government tends to control everything specially the economy of a certain country. But Bitcoin is supposed to be unregulated and its decentralization must be maintained, only time could tell what will happen with crypto currency in regard with public and government relation in the near future.