of course if regulations on crypto currencies are set we will head for a better day, scammers must be handled and new projects must go through strict regulations, bearing in mind that many of the new tokens or coins are currently just rubbish
It is indeed good if that's gonna happen, but how are we gonna make sure that if regulation happens, the scammers are being caught when they are really good at hiding. Maybe if the government take responsibility and they will make some investigation using their intelligence agency, maybe that can happen. The thing you have said when giving some regulations also on some new projects that are definitely better, they can really make some response when that particular project scams its investors and the bounty hunters.
Well maybe affect because people will not invest so more if they need to pay taxes and most authorities want to put big tax on crypto.
Well, they will not be able to tax bitcoin and crypto currencies that easily. We all know that is decentralized and they will not be able to tax that unless they find another way or take advantage of the exchanges. That is the only way that they can tax bitcoin, another thing that I am seeing is if that a company agreed on paying their employees using bitcoin, in that case, they can just deduct from it but still, I think that is different from taxing it. Also, our country already regulated bitcoin and still, nothing is happening. There might be an improvement but it is so slow.
This is also one of the things they cannot do when they regulate and how does it affect the value, we all know that crypto is decentralized, We could think that they can make some adjustments but in terms of the taxation, I think that is hard to do but can possible to happen.