Quote from: towi078 on November 01, 2021, 08:36:56 AM

Quote from: fauzan Ichsan on October 17, 2021, 02:14:13 PM

Quote from: Al Qiyamah on October 17, 2021, 01:42:05 PM

As we know that the advantage of cryptocurrencies is that it is decentralized, meaning that it is not centralized or there is no third party intervention. but if cryptocurrencies have been legalized by a government, it is clear that regulations will be enforced, although they cannot change the nature of decentralization itself but other regulations such as being taxed may be applied.

The main factor that will be explored by the government is the tax problem. because this is state revenue to support the development of a nation. somehow the form later, of course this regulation must benefit the state, and of course a clear regulation is needed. it seems that this will be easier, because the government can see every transaction even if it is a small amount

If the goal is just for tax revenue, maybe it's not too worrying. But if I pay attention, it seems that there are some countries that are too excessive in implementing regulations for crypto. Will it not affect crypto in general? What do you think about that?

The regulation of cryptocurrencies by states is inevitable. Cryptocurrency and participants in this market either need to agree to regulation, or not rely on the legal circulation of cryptocurrency in society. It is unlikely that states are able to change the principle of decentralization in cryptocurrency. So far, legalization consists in determining the legal status of cryptocurrency and establishing the order and conditions for its circulation in society. But when determining the order and conditions of its circulation, the states will try to reduce the decentralized foundations of the cryptocurrency and especially to reduce its anonymity. However, another way for crypto distribution