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

  • Thread starter Thread starter BrolySSJ
  • Start date Start date
The regulation of cryptocurrency would give me the utmost confidence about the viability of this market - that would mean less volatility and woul translate to a more stable ecosystem.
 
Putting up a regulatory scrutiny is better than banning the cryptocurrency. The ban will cause an adverse effect on the investors. So, regulations is better and I will still use the cryptocurrency if it happened.
 
The best people can enjoy from the investment in cryptocurrency, is now that the operation is decentralized. If cryptocurrency is centralized or regulated by the government, it will no long had so much value as it's now. if such happens, I will not.
 
Cryptocurrency regulations do not mean te end of the cryptocurrency. The regulatory scrutiny around cryptocurrency is getting very high because cryptocurrency need to be monitored.
 
If cryptocurrencies with regulated , I wouldn't have join the train of using them at all , because I do not like making use of something that is under the control of the government , especially my country's government.
 
Although, the cryptocurrency experts have made statements that the cryptocurrency regulations will make digital currencies a government-controlled cryptocurrency .
 
Yes I will do it because it can help everyone as Regulating cryptocurrencies could be a key element and healthy development for the industry. Greater regulatory guidance, if well targeted, can help reduce speculation among crypto assets in assets, as more institutional and individual investors come in. We also have peace of mind to do investment.
 
uptrendfinancials said:
The cryptocurrency regulations should not affect your investment on it . It will in fact increase the uses because so many critics are afraid of using cryptocurrencies because it was not regulated.
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I am throwing my weight behind your submission, the way people are assuming that regulations will make cryptocurrency a centralized system is very wrong. The cryptocurrency can't be centralized by regulations.
 
I don't think I am going to be using any cryptocurrency if at the end of the day it is going to be regulated by the Central Bank. This is because the overall aim of everything has already been defeated.
 
uptrendfinancials said:
So many Financial investors are afraid of using the cryptocurrencies because they feel unsecured with this means of investment. With regulations around cryptocurrency, expect the the involvement of many users.
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The regulations was introduced by the government inorder to curb the illegal use of the cryptocurrency. It is known that cryptocurrency is uses to perpetrators all sorts of illegal activities.
 
I would still use it because most crypto payments charge less fee than most of others. On top of that, crypto ensures you don't need your local bank to receive payments and perform transactions.
 
One of the cryptocurrency experts said that regulations will increase the use of the cryptocurrencies because those that are skeptical of using it will Start to use it for for investment.
 
I see absolutely no reason why I should use cryptocurrency when it has become regulated because it has already defeated the main reason why the cryptocurrency was created in the first place.
 
I am not going to use any cryptocurrency if there is ever government involvement in it because the aim has already been defeated. The aim of every cryptocurrency is to remain fully anonymous of any transaction.
 
So many will not want to make use of the cryptocurrencies because it will become a government controlled cryptocurrencies. I don't really believe such notion , its decentralization cannot be forfeited.
 
This particular topic have generated lots of debates in the cryptocurrency space. Many believed that the regulations would make the cryptocurrency a government-controlled digital currency.
 
If cryptocurrency is regulated I will Still continue to use it. No matter the situation, I will continue to use cryptocurrency because I believed that the decentralization can't be compromised.
 
If cryptocurrency is regulated I will nevertheless spend money on it. The most effective hassle there may be if it's far termed an unlawful funding or human beings at the moment are being arrested due to cryptocurrency this is in which such a lot of hazards is available in and those will lessen funding in it.
 
There is absolutely no point of me trying to use cryptocurrency after it has already been banned or the government has taken control over it because it is going to defeat his aim of decentralization.
 
I will still use the cryptocurrency if it is regulated. People still do not know that many institutions and skeptics who never believed in the cryptocurrency will now use it.
 
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