Post
Topic
Board Altcoin Discussion
Re: Is regulation good or bad?
by
andika2018
on 08/10/2019, 11:48:35 UTC

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.


Of course regulation is always a great thing as it will be centralized and organized and i would say it’s good to cryptocurrency however I’m 100% sure that the organization who will regularized crypto  will not let us to declare our asset. Let’s face facts, everything in the world right now has taxes and the more our earnings, the more taxes in return. Its gonna be due process as always. Dont you think?

I think when the regulation has been issued by the government and applied, then the assets in the market will be audited by the government so that investors get certainty about the projects being invested whether legit or not. One of the advantages of regulation is the reduction in projects that only seek profit from raising funds without producing a product