Post
Topic
Board Beginners & Help
Re: Regulation is needed likewise the law involvement
by
sapnu
on 19/08/2021, 14:39:35 UTC
Have anyone think about this or am i the only one?

We want to get rid of the government off the faces of crypto space with the use of decentralisation and DeFi projects but this have been hurting us in every way, not wanting government involvement we end up hating centralised projects, oh yea we don't want anyone pipping in our lives and money but this have become the ultimate tool for evil people, even Scammers too


With defi projects scammers find it easier to get their jobs done, you don't have to show your face if you plan to introduce a Dex exchange or a DeFI anyways, it's easier to just say we are decentralized as an excuse  Grin Grin Grin


The point is a world without the law is full of flawless crime than a world with the law but still corrupted, too much of everything is bad they say let's just stay in between, centralised projects and decentralized projects have to exists and in some areas regulation is needed
The existence of a law enables us to maintain peace and order but when it comes to cryptocurrencies, once a law has been declared over it, it is no longer decentralized anymore. It is actually quite confusing actually that we long for the world to consider cryptocurrency as legal yet we don't want the government to have any rights over it. Well, in either way, abuse of power and greediness will still exist but I think it is best that cryptocurrencies remains decentralized so that we can cherish the financial freedom we always long for. No one knows what will happen in the future, for now let us be responsible with our investments in crypto.