Quote from: kennycarder on Today at 02:12:34 AM

Quote from: tbct_mt2 on October 26, 2022, 10:14:35 AM

The world should not be a place without law. Even we can disagree with a lot of things launched by governments and central banks, we must recognize that they somewhat govern societies and keep things on the right track.

Without laws, without regulations, without governments, the world would be a very chaotic place that is not what I want to live in. I guess most of us don't want to live in a society without law and regulations too.

In my opinion, I agree that "Regulation is a good thing".

Government regulation can look at this issue from different roles. As a government, they hope that the economy will be in order, and they will think that the huge volatility of Bitcoin price is difficult to be used as an asset store, and it is difficult to enter the currency payment channel. But as investors, the volatility of Bitcoin is a tool and channel for them to make money, and they can do some things that they don't want others to know. In the long run, I am not in favor of regulation, because all I want is more freedom, a few decades of life, and I want to be in charge of myself.

We all want freedom, everyone wants not to be tracked, but too much freedom is not good, if you live in an environment without laws, the evils of theft, rape, murder...Do you want to live anymore? Not everyone is as pacifist as we are, many are perverts and without laws, they would rule us we would be so much worse. Crypto regulation is similar, regulation is in place to prevent scams, scammers want to take money from runaway investors, not build a developed market. I can't say regulation is good or bad, for me it has both good and bad sides.