Can We still able to enjoy Decentralized crypto investment ?

[Josemendez]

Cryptocurrency was built with the aim of giving people the opportunity to benefit from a Decentralized financial system. This strategy was what gave it the strength and support it has , however presently actions by countries regulator seems to be suppressing the Decentralized nature of cryptocurrency.

Just as the traditional system, government wants to regulate cryptocurrency and thus be able to know the inflow and outflow of funds in the country . This might not really be a bad motive as it will help stop fraudulent activities, money laundering and tax evasion but the fact still remain that investors will suffer when this happens.

Annoymous nature of cryptocurrency was the enticing feature to many investors but with regulation there is possibility that crypto to Fiat transaction will no longer be annoymous .

Peer to peer transaction is the newest way of making this Fiat to cryptocurrency transaction annoymous but the government crack on exchanges will force them to stop offering P2P transaction in order that the transaction will come from them . In the end , Decentralized nature of crypto will start to lose it's weight. Governments may not be able to control crypto quite alright but with regulation , the strength of Decentralization is reduced. Their plan to have little control on cryptocurrency started with banning of privacy coins.

In your opinion , do you see cryptocurrency being fully Decentralized in coming years without government intervention ?

 

[Nurudeen]

I don't think this will be possible because from all indication government are now trying hard to get into crypto currency exchange Business and regulate it and this will be very good because they will correct some malady in the business

 

[Dowenship]

Cryptocurrency was built with the aim of giving people the opportunity to benefit from a Decentralized financial system. This strategy was what gave it the strength and support it has , however presently actions by countries regulator seems to be suppressing the Decentralized nature of cryptocurrency.

Just as the traditional system, government wants to regulate cryptocurrency and thus be able to know the inflow and outflow of funds in the country . This might not really be a bad motive as it will help stop fraudulent activities, money laundering and tax evasion but the fact still remain that investors will suffer when this happens.

Annoymous nature of cryptocurrency was the enticing feature to many investors but with regulation there is possibility that crypto to Fiat transaction will no longer be annoymous .

Peer to peer transaction is the newest way of making this Fiat to cryptocurrency transaction annoymous but the government crack on exchanges will force them to stop offering P2P transaction in order that the transaction will come from them . In the end , Decentralized nature of crypto will start to lose it's weight. Governments may not be able to control crypto quite alright but with regulation , the strength of Decentralization is reduced. Their plan to have little control on cryptocurrency started with banning of privacy coins.

In your opinion , do you see cryptocurrency being fully Decentralized in coming years without government intervention ?

I don't see any reason why they should stop p2p because p2p is an individual business meanwhile what can be done is to impose limit on p2p transaction and can be monitored as long it involve exchanges.

 

[Alexandoy]

I wonder why there are crypto fans who are circulating such ideas about crypto coin being decentralized or the government is scared of crypto coin and some even say that crypto coin will replace legal currency. Obviously crypto fans do not know the facts that crypto coin is a digital commodity. It is not a currency at all.

 

[Heatman]

No matter what the government are doing all over the world against the use of cryptocurrency I believe that they are not going to be able to succeed in clamping it down or closing it completely because it has already break into the world.

 

[Josemendez]

I don't see any reason why they should stop p2p because p2p is an individual business meanwhile what can be done is to impose limit on p2p transaction and can be monitored as long it involve exchanges.

If cryptocurrency exchange sites registers with them , then they are likely going to stop all forms of peer to peer transaction because they are all annoymous way of sending transaction

 

[Dowenship]

If cryptocurrency exchange sites registers with them , then they are likely going to stop all forms of peer to peer transaction because they are all annoymous way of sending transaction

But their are records of money coming in and out of the back account as long the timing and record is noted I still feel their should be ways for irregular money be traced.

 

[Setho]

If in any way crypto later becomes regulated and decentralized then it is no longer cryptocurrency because the original aim of it being created as being defeated.

 

[Jsoliu004]

Is a lovely morning to you all here.,we have started to continue today more glory move with us by God grace I will make sure I reach my point today also as I do yesterday

 

[Nomad]

Bitcoin, the first crypto currency, and later litecoin and ripple all were launched to ease fund transfer electronically with ease. But since currencies started gaining value, people started using them as digital assets for investments.

 

[Bousine123]

Cryptocurrency was built with the aim of giving people the opportunity to benefit from a Decentralized financial system. This strategy was what gave it the strength and support it has , however presently actions by countries regulator seems to be suppressing the Decentralized nature of cryptocurrency.

Just as the traditional system, government wants to regulate cryptocurrency and thus be able to know the inflow and outflow of funds in the country . This might not really be a bad motive as it will help stop fraudulent activities, money laundering and tax evasion but the fact still remain that investors will suffer when this happens.

Annoymous nature of cryptocurrency was the enticing feature to many investors but with regulation there is possibility that crypto to Fiat transaction will no longer be annoymous .

Peer to peer transaction is the newest way of making this Fiat to cryptocurrency transaction annoymous but the government crack on exchanges will force them to stop offering P2P transaction in order that the transaction will come from them . In the end , Decentralized nature of crypto will start to lose it's weight. Governments may not be able to control crypto quite alright but with regulation , the strength of Decentralization is reduced. Their plan to have little control on cryptocurrency started with banning of privacy coins.

In your opinion , do you see cryptocurrency being fully Decentralized in coming years without government intervention ?

Yeah bro, there are a lot of changes happening around the crypto world and decentralization will sure happen with or without government intervention.

 

[eLdavis]

I wonder why there are crypto fans who are circulating such ideas about crypto coin being decentralized or the government is scared of crypto coin and some even say that crypto coin will replace legal currency. Obviously crypto fans do not know the facts that crypto coin is a digital commodity. It is not a currency at all.

Most persons just say these things out of excitement or that's simply what they hope would happen. They are not based on any legit fact

 

[Mayox25]

The moment the government is able to put a foot into the regulation of cryptocurrency which is what they are seriously interested in then there will be no stopping them until they are able to totally take control of regulating which will defeat the purpose of the advent of cryptocurrency.

 

[Josemendez]

But their are records of money coming in and out of the back account as long the timing and record is noted I still feel their should be ways for irregular money be traced.

If you are familiar with peer to peer trading , you will understand that it is similar to having an offline business transaction. The movement not the money can't be traced for any reason except when it is a huge amount of money .

 

[tyrim88]

It would be very difficult for any government to have control over the cryptocurency market and trading exchange,this is because the currency trading is a virtual curency,and the transaction cannot be expressed physically.

 

[Hena101]

I don't think this will be possible because from all indication government are now trying hard to get into crypto currency exchange Business and regulate it and this will be very good because they will correct some malady in the business

I'm not in support of any government to come into crypto currency and regulates it because they will do it to their advantage not the other people advantage.

 

[Josemendez]

It would be very difficult for any government to have control over the cryptocurency market and trading exchange,this is because the currency trading is a virtual curency,and the transaction cannot be expressed physically.

It seems you do not understand what regulation of cryptocurrency means . By regulation government aim at monitoring cryptocurrency transactions. When money is moved into exchanges or move out they are notified for it because the exchanges have identified with them in order for them to operate in the country.

 

[Kelly5]

Cryptocurrencies will loose it's decentralized nature gradually in the coming years as the government behind to step in into the game. This is inevitable

 

[Didosky]

There are some countries thag their government has regulated the use of that.. even in my own country too. Maybe with this cryoto mighf rise

 

[Dowenship]

There are some countries thag their government has regulated the use of that.. even in my own country too. Maybe with this cryoto mighf rise

First of all, which country is that which is not el Salvador that legalized digital currency... And their are many factors to how market rise and fall.