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

[alberello75]

Well, this could depend on the ideology of certain people. However, I believe that all cryptocurrencies (especially Bitcoin), in one way or another, will always be used, even perhaps in a more controlled way.

 

[kayode10]

Cryptocurrency has become part of our online activities. therefore if it is regulated we are still going to make use of it. Cryptocurrency is a good source of investment for a bunch of people. They're all making a lot of money just by investing cryptocurrency within a short period of time. The government will only regulate cryptocurrency for their own personal gain.

 

[mcjerry]

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.

If crypto currency is been regulated like you have said, it will become more trusted and people will be ease to use crypto currency. Of course I will still be using it. This will give many investors reason to invest in crypto coin. But hope this will not affect the price increment?

 

[Ehizzy1]

Well i think if its regulated i would still make use of it because regulating it would greatly prevent scams and others ,so it would really be of importance to regulate it , and many people would still be interested to know about it since they all feel its regulated and this would be really beneficial i think , so it a importance

 

[Trojan8]

I don't think that regulating crypto would be an easy task. Regulating crypto will make them fall into same bracket with normal money. And this would remove the uniqueness of crypto that we all enjoy. To your question, I am already using crypto without it being regulated. Of course I would keep using it if there were plans to regulate it.

 

[Jimmie150]

If cryptocurrencies starts being regulated I would still make use of it because I know it will still be very profitable to me. A lot of people what's it to be regulated in other for them to invest in it massively.

 

[Ralphjoe]

The regulation of cryptocurrency will even make me to want to invest more into it because at that time it will become more reliable as there will not Be much fraud and criminality on the platform as it's being alluded by the authorities. This will even make the cryptocurrencies to be more popular as more people will know about it and invest on it.

 

[Alexandoy]

I am hesitant to use crypto currency now much more in trading because the source is not clear to me. But when the crypto currency will be regulated by the government (with no corruption issues) then that would be an advantage to the crypto that I think the regulation will make the crypto be trusted by the public. Right now crypto currency has no place in the market yet because the public here is not well-versed with crypto yet.

 

[Ojonuyo]

From my previous experiences with Investment in crypto currency, whether Bitcoin is regulated or not, it still has huge risk involved. I am very scared of losing my money. That's why I would rather invest in offline business such as agricultural activities rather than crypto currency.

 

[Kamon c4]

This depends on the regulation resolved into by the higher authorities. Cryptocurrency is easy and faster to use for any business transaction so I don’t any reason why I will stop using it

 

[Sake]

Well im not doing anything illegal that needs to be done anonymous online, I don't really need that part of Bitcoin. However if that means coins are going to be stable now.. well I don't know.. but on thr other hand if the government starts to regulate cryptocurrencies that means fraud coins will no longer exist

 

[Michaellee]

I would definitely invest more in it. With the way its growing rapidly ,I dought it if it would be regulated. It is normal for the banking system to go against it because it gar better than saving in banks. Investing in cryptocurrency is very risky but at the same time its best .

 

[Dowenship]

I see no reason why people will have to move away from it. Because its regulated already, which you can do any transaction without it. Unless there is other means of buying and selling wheres the profit we gain on crypto is no longer included. Then you can say people will move away from it

 

[Rainlover207]

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.

 

[Tinaconcept]

If cryptocurrency is regulated In future I won't venture into it this is because venturing into stuff regulated by the authorities is like someone implicating him or herself. It might even lead to arrest of the person thereby making you a victim of criminology.

 

[Onachukwu]

If cryptocurrencies are to be regulated in the future i will still make investment on them provided that the regulation does not manipulate the price of the currencies or the availability
[automerge]1612520299[/automerge]
If cryptocurrencies are to be regulated in the future i will still make investment on them provided that the regulation does not manipulate the price of the currencies or the availability

 

[Chumzy]

It would really be a great feat for crypto currencies to be regulated. I think it will bring in more investors into the crypto world. But then it will kill of the thrill of using and having crypto currencies.

 

[CeeJase]

If it be regulated in the future then that will make it the equivalent of the Fiat money we've come to know, and that won't stop me from investing in so long as the government still termed it legal. Once it is marked illegal then my hands are off.

 

[Royalty]

If they were to regulate cryptocurrency one will have to pay capital gains everytime you make a transaction with bitcoin or anu other.
While majority of countries don't currently outlawthe use cryptocurrencies, it's official recognition as either 'money' or 'commodity ' deoends on the jurisdiction.

 

[unhappy triad]

Though there are potential risks attached to it's regulation if ever a move is made to do so. But the results won't be all that negative as many may speculate. It may even stabilise it. The volatility may reduce and then it will be more acceptable to use by many