Quote from: Aveatrex on June 18, 2018, 11:58:21 PM

Quote from: cryptoreal6 on June 18, 2018, 10:47:06 PM

Do we need to regulate crypto so that more countries will allow it?

The problem of regulating cryptocurrency is by doing so,it also means that you introduce centralization to it (the level of centralization will depend on coin ofcourse).And in my opinion,there shouldn't be any centralization in cryptocurrency world.Crypto doesn't need to become an alternative system to traditional centralized banking just for the sake of adoption.

I have to agree here. If you want something that is decentralized, you can't really regulate it. At some point a currency will need to exist that is "buyer beware". We have all sorts of regulated safe currencies and safe markets. At some point there has to be a market/currency that simply is not regulated. If after all these other safety stickers and markets that make sure people don't get screwed, you still decide to get into crypto, then it should be your own damn problem. Deregulation is not a bad thing, its only a bad thing when absolutely critical systems are not regulated, crypto is not a critical system, its just another currency that nobody is being forced to use. You could go your entire life without knowing what it is or even seeing it. The regulation should come if bitcoin ever gets big enough for major companies to start putting peoples 401k into it. THEN, the regulation should be on the company side who decides to put your money there, not on bitcoin as a whole, bitcoin doesnt know, it doesnt care.