Quote from: Adebits on September 18, 2018, 06:26:04 AM

In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

There is a common adage that where there is no law, there is no sin. I totally agree with the fact that there should be various regulations guiding our operation in the cryptospace. It gives everyone the confidence that defaulters will be purnished and the space will be more safe, most especially for investors and even the newbies, who do not know so much about what's obtainable in the crypto space and make easily fall into wrong hands, most especially when they are not patient enough to learn from those who have gone ahead. So, regulations are totally good. The idea is most welcomed

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