Post
Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
Balayashi
on 25/06/2018, 22:27:13 UTC
We need regulations, but not the harsh type that will scare investors away. We nees it to curb, fraudsters and hackers in cryptocurrency.  The more people get into digital currency the more we are going to have people who are just there to steal from other  people. Regulations will keep people's account from being hacked and it will make them feel comfortable investing and dealing in digital money.

well in my honest opinion i think that we need regulations yes but sorry do disagree with you, not to keep people's accont from being hacked. That comes with teaching others the dos and dont's and with information about how to do it.
Even today in traditional and regulated markets, if you go for a online plataform you can be hacked if you don't follow good manners.
Regulations are needed to between other practices, avoid for example market manipulations, something we see everyday in unregulated markets