Post
Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
Janation
on 13/09/2018, 09:10:59 UTC
Crypto-currencies need to be regulated so that clutter does not reign in the market.After that, the most worthy and high-quality crypto-currencies will remain and the price will not change so dramatically.And there is not any fraud.
yes, i agree with you, regulation is needed to minimize manipulation that occurs in the crypto market, which is caused by large investors, so that the volatility of crypto can be reduced

Do you even know what does regulation means? It means that the crypto currency or let's say Bitcoin will be accepted in a country, people will be able to have some safe transactions since they are protected by the government.

Being regulated doesn't mean that the volatility will be reduced. It will still stay the same, it's volatility will never change. And do you even know what you are saying? You will let the government control the volatility of Bitcoin? The reason that there are a lot of investors on Bitcoin and crypto currency is that it is decentralized. And I don't think that the government will be able to do that since we are talking about Bitcoin. As long as there are a lot of users and investors, the volatility will always stays the same.