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If cryptocurrency was regulated would you still make use of it?

  • Thread starter Thread starter BrolySSJ
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There are some level of regulation already happening in the cryptocurrency market. But if it's get to the stage were I will not carry out my transaction without stress, then that will be unacceptable.
 
Personally, I don't know if I will still invest in coins or not because I don't know what becomes of coins then. But what I am sure of is that there will really be a very serious monitoring on crypto if they are regulated. And I think that it will not be that easy to regulate crypto because some countries don't even approve of it. It is just my opinion. Thanks for sharing
 
If cryptocurrencies ever get regulated then I believe that the entire him in which they were being created has been defeated so there's no point in using them.
 
If cryptocurrency regulated in future I believe many people will still like to invest, me too I will personally invested much money on it.
 
Crypto currency is already regulated in my country but people are still coming up with innovative ways to evade their pervasive ideas
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Crypto currency is already regulated in my country but people are still coming up with innovative ways to evade their pervasive ideas
 
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Share market is regulated, but this does not stop us to make money in the share markets. The same would also be the case with crypto currency. Even if it was regulated, we would be still able to make profits
 
The beauty of cryptocurrency still lies in its nature of decentralization. Well, if crypto becomes regulated and the advantages supersedes the disadvantages then definitely I would still invest.
 
I would have still invest in it , because the regulation would have made lot of people place interest in it ,so they won't get scammed by hackers,that's the reason some people are scared of investing in cryptocurrency
 
If crypto currency was regulated, yes, I will still use it but the rate of usage would differ because the volatility would have been seriously reduced its market value.
 
Currently there are many government regulations on cryptocurrencies ranging from crypto tax levies to circulation, if crypto is complied with by regulations the probability of earning from crypto will be much smaller, it is likely that many people will start selling crypto and crypto prices will certainly fall and may be worthless.
 
Why not? If crytocurrency should be regulated I will continually make use of it daily. I have invested a whole lot of time and money into crytocurrency and that will even be the best time for me to use it more.
 
If it happens to be that crytocurrency is regulated in the future,most of us won't invest again,we will see it as the same as the rest of the other currencies.
 
Many people won't invest on it but I don't see any thing that can hinders me from investing on cryotocurrencies even if they are regulated.
 
when people invest they do not actually care whether it is regulated or not, what they actually care about is whether it is profitable or not. I would obviously invest in regulated currency.
 
It depends on the conditions of the regulation. For instance, India just regulated her own crypto trading and prohibit private wallet. You only need to do the trading with the Securities and Exchange Board of India. In fact, there is limit to the amount you can use. What this, I won't do trading anymore.
 
If the authorities would have taken or regulate the cryptocurrency it would be so many issue will pop up to the crypto world. Where they can easily manipulate things whatever they want. Tho technically there is already someone who's behind of this crypto thing. I think crypto currency is much more appealing to the society when it is held anonymously.
 
Bookwormlux said:
The beauty of crypto currencies is that they are decentralized. If there is any direct regulation of it, then it would lead to a lot of people losing interest in it. I personally wouldn't invest much in it because political figures would manipulate it for their selfish benefits.
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I agree. Despite the attempts to regulate it, I do not think that it would be that easy to regulate it because no one can actually control them or the blockchain network. They would lose value if they get regulated, don't you think?
 
We don't really know what will happen if cryptocurrency is regulated, if the volatile nature of it will still be the same or will it turns into a stable coin ? The main purpose for which a lot of people are investing in cryptocurrency now is for the main purpose of making money in the future.. if it cannot serve this purpose a lot of people would lose interest in it drastically.
 
If there is ever a way in which people currency becomes regulated then I do not think I am going to continue to use it because it has just become like fiat. The aim of cryptocurrency initially is to be decentralized.
 
If crypto currencies is regulated in the future, i think more people will invest in I and more countries will accept it as a means of performing transactions because it will be less risky if it's regulated.
 
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