Post
Topic
Board Bitcoin Discussion
Re: Possibilities of regulating cryptos...
by
EddyGameta
on 20/04/2018, 14:59:02 UTC
The fact that digital assets like cryptocurrency uses blockchain technology gives it the advantage of not being controlled by anyone even the government. That is why some governments prefer to ban cryptos just not to give oppurtunity for bad people to use it for their bad motives/actions. Regulating cryptos are not as simple as peeling of a banana, it'll take long talking and discussion.

As to the left and right scams involving the name of bitcoin, fraud and other illegal doings that bitcoin's name is being dragged, what are the possibilities that cryptos will be regulated? Thank you..


Perhaps things should be regulated by the government are ICOs and Crypto Exchanges, how should they work and benefit each other also the rights of consumer protection in case something happens and not one-sided law access. As we know many ICOs are scam and the investors are having difficult time to sue them, this is the role of government regulation should be.