Post
Topic
Board Economics
Re: Regulations help stock market exchange, and it will in cryptocurrency!
by
Fromse
on 19/11/2018, 11:19:34 UTC
Regulations actually weeds out fraud and financial criminal activities in the market making investors comfortable in their investments and not worry that one day someone will make off with their hard earned cash. Now, i just hope that this regulation will be pro crypto currency holders and not anti crypto currency.
That is always the main essence of regulation actually, as that would help put some policies and rules in place that will not only curb fraudulent activities, but will also curb any unlawful doings, most especially when it comes to market manipulations.

I believe the existence of regulation in the cryptocurrency space will really help a lot with that, and I believe as time goes on, with such in place, the market will grow to become more matured, usable, and give investors assurance that the market is somewhat covered from illegal activities to some huge extent.

Well said, regulation is important for everything that includes money. Whenever money is involved in something, there are huge chances of corruption from any side and anywhere at any level. Better is to make sure things work fine and it would be possible only when government has authority to punish someone on cruel or illegal act. Bitcoin must be regularizing.
In most cases, without law, a lot of people tend to misbehave a lot and that is something regulation will most definitely end up solving anyway which is why I have always believed that regulation will bring more good to this space than bad.

For most people actually, there is always this mindset that regulation will bring about some control, but in reality, the truth is that human needs control, but even with the control, that does not change the decentralized aspect of the space, that practically helps only when it comes to some activities involving cryptocurrency.