Post
Topic
Board Bitcoin Discussion
Re: Possibilities of regulating cryptos...
by
jose111
on 05/06/2018, 08:29:31 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..


It is true that cryptos are not yet easily to regulate as of now specially to the other country's that already banning it. Unfortunately, the reasons why it is hard to regulate Cryptos as of now is because of some other people that are doing scamming and foolish things to others by using cryptos. However, I think that it has a chance to happen in the future when this system will be much enhanced and fully developed. Let us give much more time to this.