Post
Topic
Board Economics
Re: How do you feel about market regulation?
by
basyang
on 27/11/2018, 21:47:36 UTC
There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.

Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.

What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?

Rage

In my opinion, Regulation on Bitcoin can help us to do well in crypto world to avoid a chances of using it in illegal activities. Its okay to have a regulation if there is no bad effect of it in the community. When it comes to government regulation it is good to have a regulation to legal the crypto in a particular country we can not avoid to have a regulation once the crypto currency accepted and implemented in a country.