Post
Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
Bitcoinismylife12345
on 02/06/2018, 23:25:11 UTC
Digital currency is to change the world, many of which were positive, to a certain extent, they pose a containment of the government, gave the people an alternative, but that doesn't mean they don't need to be regulated.


One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.


If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?
Cryptocurrencies don't need to be regulate however it is need a regulations to prevent harmful things that may cause lose to the users. Regulations somehow lead bitcoin coins to regulate automatically.