Post
Topic
Board Altcoin Discussion
Re: Is ICO regulation good or bad?
by
michbello
on 07/08/2018, 09:34:19 UTC

Exactly, all these people calling for regulation are handing cryptocurrencies over to central banks, Goldman Sachs and J.P Morgan. These people would love to regulate cryptocurrencies the way they do gold and fiat. This is a club, and we ain't in it.

The people who lost money on ICOs, it's your own damn fault, you have nothing to blame but your own FOMO and lazyness. Many of these scams looked dodgy from the start, with only a little research.

If governments step in it will be the end of cryptocurrencies as we know them, they will keep taking inches until they take a mile. Doing simple transactions will require I.D, they will want to know everything you're doing. Just like when you want to withdraw large amounts from the bank and you get asked questions.

The complete opposite of what cryptocurrencies are supposed to be, decentralised peer-to-peer trade.