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

[BrolySSJ]

The use of cryptocurrency has increased drastically over the last few years, and at the moment of many people are using it including vendors as well. The main reason that people get involved in cryptocurrency is that it allows them to be able to earn online and also to be able to transact in an anonymous nature.

However if cryptocurrency how to become regulated in the future it is unlikely that many of these advantages would still stand. It is likely that if it is regulated and allowed as a transaction or payment to by the authorities, that it is likely going to be monitored constantly in order to ensure that there is no foul play that happens with cryptocurrencies. If this is the case do you think that people will continue to use cryptocurrency or do you think that people will tend to move away from it?

 

[Tinaconcept]

If cryptocurrency is regulated I will still invest in it. The only problem there is if it is termed an illegal investment or people are now being arrested because of cryptocurrency that is where so many disadvantages comes in and people will reduce investment in it.

 

[Shahzad Ahmad]

If cryptocurrency is regulated in future. I think, many people use it like other currencies because they would not think that this is risky and we'll known that cryptocurrency has specific origin as well as identify by specific country. If I sure, then of course I would make investment in it.

 

[idhans]

The use of cryptocurrency has increased drastically over the last few years, and at the moment of many people are using it including vendors as well. The main reason that people get involved in cryptocurrency is that it allows them to be able to earn online and also to be able to transact in an anonymous nature.

However if cryptocurrency how to become regulated in the future it is unlikely that many of these advantages would still stand. It is likely that if it is regulated and allowed as a transaction or payment to by the authorities, that it is likely going to be monitored constantly in order to ensure that there is no foul play that happens with cryptocurrencies. If this is the case do you think that people will continue to use cryptocurrency or do you think that people will tend to move away from it?

If cryptocurrency is regulated in the future I would not invest in it anymore because it will now be controlled by a certain group of people. They may decide to pump, and dump anytime they like. There is no way cryptocurrency can be regulated because of its decentralized structure.

 

[GoldenLady]

The use of cryptocurrency has increased drastically over the last few years, and at the moment of many people are using it including vendors as well. The main reason that people get involved in cryptocurrency is that it allows them to be able to earn online and also to be able to transact in an anonymous nature.

However if cryptocurrency how to become regulated in the future it is unlikely that many of these advantages would still stand. It is likely that if it is regulated and allowed as a transaction or payment to by the authorities, that it is likely going to be monitored constantly in order to ensure that there is no foul play that happens with cryptocurrencies. If this is the case do you think that people will continue to use cryptocurrency or do you think that people will tend to move away from it?

A lot of people Wilma by away from cryptocurrency if it happens to be regulated, especially if it's by one body.

The anonymity will no longer be there, the freedom it enjoys to be volatile will be controlled, making it less attractive as an investment tool.

 

[Niftyyem]

If it would be regulated just to make the transactions carried out trackable, then, I would be all for it and even invest more in it. Apart from that, I wouldn't like it to be controlled by anyone or any government.

 

[SAFEMOON]

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.

 

[M Amin]

The use of cryptocurrency has increased drastically over the last few years, and at the moment of many people are using it including vendors as well. The main reason that people get involved in cryptocurrency is that it allows them to be able to earn online and also to be able to transact in an anonymous nature.

However if cryptocurrency how to become regulated in the future it is unlikely that many of these advantages would still stand. It is likely that if it is regulated and allowed as a transaction or payment to by the authorities, that it is likely going to be monitored constantly in order to ensure that there is no foul play that happens with cryptocurrencies. If this is the case do you think that people will continue to use cryptocurrency or do you think that people will tend to move away from it?

If cryptocurrency will be regulated I will definitely use it because cryptocurrency have many advantages over fiat currency

You cannot trade infeed currency after two digits of fraction but you can trade in cryptocurrency at minimum value as you can.

 

[Lyrrex]

if the currency is to be regulated I will definitely stop using it because one of the advantages of cryptocurrency that attracted me is as a result of it's privacy feature and decentralized nature.

 

[Greatguy1]

Yes I will. Regulation does not make it a bad thing to use of any cryptocurrency. Our normal currencies are regulated by the government and we make use of them. If bitcoin becomes regulated tomorrow or resuming it were to be regulated and it has the features or prospect, of course I would make use of it.

 

[Patrik]

well yes, i personally would, but the issue, is that it will drop in value a lot, because people will have to pay for security, taxes and many thing that come with regulation, it has advantages and disadvantages too

 

[Ebuka Stephen]

I think if crryptocurrencies is now regulated people will make use of it because it is now recognised more as a medium of payment in a country so people won't have the fear of thinking that Cryptos are not real or works like a ponzi scheme.

 

[BrolySSJ]

If cryptocurrency is regulated in the future I would not invest in it anymore because it will now be controlled by a certain group of people. They may decide to pump, and dump anytime they like. There is no way cryptocurrency can be regulated because of its decentralized structure.

This is true and then this will be a way in which to try and benefit from the market for them at the detriment of all the other investors that are in the cryptocurrency market. I think that at the moment there are whales that tend to employ this method as well to dump their crypto to drop the price down substantially and then buy up the cryptocurrency again.

 

[FunkE]

I would still be investing in crypto currency even if it becomes regulated by the authorities. One reason is that if they as so much want to regulate it means the can no longer ignore its rise. And for them to consider it a threat to be put under regulations will just increase it appeal. And with an increased appel means more value and more market and substantial guarantee. All this make it more suitable a and those who invest early enough will reap maximum rewards.
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I would still be investing in crypto currency even if it becomes regulated by the authorities. One reason is that if they as so much want to regulate it means the can no longer ignore its rise. And for them to consider it a threat to be put under regulations will just increase it appeal. And with an increased appel means more value and more market and substantial guarantee. All this make it more suitable a and those who invest early enough will reap maximum rewards.
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I would still be investing in crypto currency even if it becomes regulated by the authorities. One reason is that if they as so much want to regulate it means the can no longer ignore its rise. And for them to consider it a threat to be put under regulations will just increase it appeal. And with an increased appel means more value and more market and substantial guarantee. All this make it more suitable a and those who invest early enough will reap maximum rewards.

 

[Eodine]

Crypto currency has had diverse views from the people and even the government some of which have tried to regulate Bitcoin but Bitcoin is still very much around and safe to invest in so I would not mind to invest if it was regulated.

 

[tuna89]

Definitely, i would make use of it because i believe that the regulations are most likely for the safety of the transactions and to prevent any form of financial fraud, definitely, this would be a safer way to make use of the cryptocurrency. As far as i am still able to buy them easily and use them for transactions, there is no problem.

 

[Caali]

Yes there are no any certain rules in any country about crypto trading and usage.In future it will be regulated in a way to curb money laundering and mis use to transfer funds. which makes crypto value a way more high than it is now.

 

[Talibhussain074]

The use of cryptocurrency has increased drastically over the last few years, and at the moment of many people are using it including vendors as well. The main reason that people get involved in cryptocurrency is that it allows them to be able to earn online and also to be able to transact in an anonymous nature.

However if cryptocurrency how to become regulated in the future it is unlikely that many of these advantages would still stand. It is likely that if it is regulated and allowed as a transaction or payment to by the authorities, that it is likely going to be monitored constantly in order to ensure that there is no foul play that happens with cryptocurrencies. If this is the case do you think that people will continue to use cryptocurrency or do you think that people will tend to move away from it?

if cryptocurrency will be regulated it means I can sell by or trade any cryptocurrency by using your bank account. There will be facility for us and no restriction from government so I will definitely use this. Cryptocurrency must be regularized

 

[Herzhan]

The use of cryptocurrency has increased drastically over the last few years, and at the moment of many people are using it including vendors as well. The main reason that people get involved in cryptocurrency is that it allows them to be able to earn online and also to be able to transact in an anonymous nature.

However if cryptocurrency how to become regulated in the future it is unlikely that many of these advantages would still stand. It is likely that if it is regulated and allowed as a transaction or payment to by the authorities, that it is likely going to be monitored constantly in order to ensure that there is no foul play that happens with cryptocurrencies. If this is the case do you think that people will continue to use cryptocurrency or do you think that people will tend to move away from it?

Cryptocurrencies are not legal tender in any jurisdiction; they, unlike the conventional currencies issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.
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The use of cryptocurrency has increased drastically over the last few years, and at the moment of many people are using it including vendors as well. The main reason that people get involved in cryptocurrency is that it allows them to be able to earn online and also to be able to transact in an anonymous nature.

However if cryptocurrency how to become regulated in the future it is unlikely that many of these advantages would still stand. It is likely that if it is regulated and allowed as a transaction or payment to by the authorities, that it is likely going to be monitored constantly in order to ensure that there is no foul play that happens with cryptocurrencies. If this is the case do you think that people will continue to use cryptocurrency or do you think that people will tend to move away from it?

Cryptocurrencies are not legal tender in any jurisdiction; they, unlike the conventional currencies issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.

 

[Bookwormlux]

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.