Post
Topic
Board Economics
Re: How do you feel about market regulation?
by
Naida_BR
on 04/02/2019, 11:33:32 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

Sadly, the governmental regulation doesn't come in order to protect this decentralized ecosystem that bitcoin is the "father" of it. It is created in order to control this system and this is something that I hate of happening. This decentralized should not be regulated because it will lose its identity. I think that many of us have come to this economy to reap the benefits of decentralization and not just make another bubble economy such as the one that banks promote.