Post
Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
Mazda17
on 12/08/2018, 03:10:09 UTC
we don't need to regulate cryptocurrencies but regulations can be also helpful with the adoption and growth of them or they can be restrictive and even prevent the adoption altogether. in the end it will come down to what they are regulating and how. for example if it is regulation of exchanges and if it leads to a more secure place where people can trade with less risk that would be a very good thing.
Very good thinking and I like the way you think.
It is true! Regulations can lead to global consensus on cryptocurrency as well as those who want to use it and those who want to express the cryptocurrency arrangement. This can be evidence that is not illegal and many people will be interested in using it. Because its popularity is very good and cryptocurrency will become more popular now, we cannot prevent it from using crime. However, if there are laws imposed by the government, crypto activities can be tracked and illegal activities can intercept.