Post
Topic
Board Altcoin Discussion
Re: Confidence in Cryptocurrency
by
Wintersoldier
on 09/05/2019, 11:52:56 UTC
I have tried to ask myself this question many times: What can be done to restore and foster investors' confidence in cryptocurrency?
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.

If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.

If we are talking and taking the regulation to be the part of the main language, I think what we needed to consider on it is the way how people will going to use it naturally and to avoid such detractors such as massive selling of cryptos. Because the regularization is somehow near to the concept of crypto-mass adoption.