Crypto Why Cryptocurrency should be regulated?

[Lens1000]

Cryptocurrency can't be regulated by government. It's in the design already. The design do not give room for regulations because it's a decentralized currency. The government may have little impact on cryptocurrency by regulatory policies but the government can not have full control it

 

[Josemendez]

I totally understand you point here but the thing here is that , there is no body guiding cryptocurrency creation , secondly project are created through the help of the blockchain thus people can easily create cryptocurrency since the blockchain is opened to everyone.
There is no way one can be stopped from creating a business for himself through creation of cryptocurrency.

 

[btaliat]

The activites surrounding the mining of cryptocurrencies should be regulated to be ecosystem friendly if truly it possess some great dangers as reported. But the transactions in cryptocurrency should not be regulated as this will not boil down with the reasons why crypto was introduced. It was introduced to be decentralized and not centralized.

 

[Mika]

Regulating cryptocurrency is against the spirit of crypto currency. Crypto currency was created for the people who did not want the government to control their money and who did not want the banks to process their money and eat a lot of money as transaction fees. Instead of crypto currency, crypto exchange and wallets need to be regulated.

 

[Mataracy]

No doubt to very reasonable extent cryptocurrencies are growing stronger and there is a possibility that they have come to stay but they are serious challenges that is needed to be solved of which personally I believe that government cannot shy away or stay away from cryptocurrencies but keen to regulations.
The cryptocurrency ecosystem currently has challenges on the continuous inflow of news coins on daily basis with very many of them having no case use and making few to make money and majority loosing out because all that propelled such coins is hyping and nothing else.
If countries of the world can come together or in their individual countries regulate cryptocurrencies even the launch of new coins can be controlled which will give the Crypto currency market more significant. Share your opinion on this.

Though the regulation might look good in order to manage inflation but its should be for the country that has be doing well to their citizen not the country that has no good plan for their citizen and yet still opresing those that are just trying to hustle and make a living through mining of bitcoin and trading crytocurrency.

 

[Sherman198]

The cryptocurrency space and microcosm needs regulations indeed! We have over 2,000 of coins, if not 3,000. And some are still coming out everyday, and most of this people creating those coins, don't actually mean well for the cryptocurrency network. Many of them are just in for the money, to create the coin, create awareness, then make huge gains and then dump it. That's why we see so many stagnant coins, And it's because the owners dump them after making so much profits.