Post
Topic
Board Economics
Re: Countries and their regulators
by
jaysabi
on 21/04/2018, 04:16:56 UTC
This year encrypting digital currency will face more stringent, more intense regulation situation!

Us, Japan, South Korea, eu policy will affect the price of digital cryptographic currency!

In the long run, regulation is conducive to the healthy development of the market!

Essentially, this is correct. Stability and predictability lead to economic growth. People want to slam governments like they want to control Bitcoin or want to outlaw it because they "hate it" or some other superficial and not insightful commentary they're haphazardly throwing at the government. In most cases, it doesn't make sense. In the US, for example, the government doesn't want to ban or outlaw crypto. They do want it to be safe for investors though and to be able to punish scammers and fraudulent actors. Because when investors are safe and there's less fraud, there's more financial innovation which is good for the economy and good for the country as a whole. The government doesn't want to ban anything that is going to contribute to economic prosperity, but everyone assumes (without any basis) that the government wants to stop bitcoin. This speaks more to their own anti-government biases than offering anything insightful about the state of crypto.