Does " Regulated crypto-currency" doesn't violate the principles of decentralization?

[Ononivami]

The regulations does not in any way affected the decentralization of cryptocurrency. The regulatory scrutiny would bring more people to the cryptocurrency business.

Regulations and decentralisation are two different things. We should not compare Regulations to decentralisation because the two scenarios can not affect one another in any way.

 

[Lens]

Regulations and decentralisation are two different things. We should not compare Regulations to decentralisation because the two scenarios can not affect one another in any way.

The principle of decentralization is not violated by the regulations that was imposed by the government. Regulations and cryptocurrency are two separate things.

 

[Ononivami]

The principle of decentralization is not violated by the regulations that was imposed by the government. Regulations and cryptocurrency are two separate things.

The two terms are two different things entirely and that is basically the major reason why we don't need to mix them up . Both are different in all ramifications and it doesn't affect each other.

 

[Lens]

The cryptocurrency regulations are two different things entirely and it is totally different from the decentralization. The decentralized features form the basis of the cryptocurrency creation.

 

[glitch]

Crypto as it stands is the easiest way to track purchases and control money. I feel like digital currency like this is what governments around the world will want going forward. If you do something they don't like, they can cut you off. This is why I am very much in favor of keeping physical money a thing.

 

[Sincerem]

I think if the coins are regulated we won't have that privacy we think we have before transacting in cryptocurrency because the government will now have access to our dealings like they do the traditional banks

That's true mate , Crypto currency gives us an avenue for more private transactions which wouldn't have been possible if you were to be using a bank mode of transaction.

 

[Lens]

Regulated cryptocurrency does not violate the principle of decentralization. I read in an article that regulatory scrutiny that was placed on cryptocurrency by so many countries will actually increase the numbers of users.

 

[Bookwormlux]

It is really affecting the decentralization idea upon which bitcoin and other cryptocurrencies were built on, but the fact still remains that things like this are needed to make sure that you like that illegal people do not find cryptocurrencies as an easy shortcut to do the activities.

 

[Lens]

There are some cryptocurrency experts that explained that the regulation of cryptocurrency will affect the decentralization feature of the cryptocurrency making it a government controlled digital assets.