Post
Topic
Board Altcoin Discussion
Re: Is crypto becoming centralized?
by
Yamifoud
on 08/04/2022, 22:14:28 UTC

Do you think ever-increasing centralization is a cause of concern? What would be the impact of tightening regulations over the entire crypto/Blockchain space? Will it still be able to survive? Your input will be greatly appreciated. Thanks in advance. Smiley
I'm considering the fact that the regulations will help to stop non-profitable investments, scams, and fake projects. I'm in favor to have such regulations for this it helps people to put an investment as they can assure that their fund is safe...well, this is a positive side

But if we talk about the negative impact on the user and investor's ends, these things we possibly get,
 * taxes
 * high fees
 * controlled market price
 * they can freeze our accounts and seize our money