Shaf
Verified member
Since bitcoin started becoming popular and widely accepted, a lit of countries have turned and their attention to it and not all is in a good way.
With the decentralized nature it has, it poses a lot of threat to financial institutions and to his government take certain measures, hence they want to regulate it.
While this will have a lot of advantage, it's also not good news.
For one, it would put power to control the finances of the people back into the hands of the government, and we know that the government doesn't always use it's powers for good and to make lives if it's citizens easier.
On the flip side, the decentralization and anonymous nature of cryptocurrency allows anyone to carry out any type of transaction without reasoning, and it has thus been used to perpetuate crimes by those will evil intention.
In your opinion, would regulation by the government make things easier or harder for crypto users? Would you like it?
With the decentralized nature it has, it poses a lot of threat to financial institutions and to his government take certain measures, hence they want to regulate it.
While this will have a lot of advantage, it's also not good news.
For one, it would put power to control the finances of the people back into the hands of the government, and we know that the government doesn't always use it's powers for good and to make lives if it's citizens easier.
On the flip side, the decentralization and anonymous nature of cryptocurrency allows anyone to carry out any type of transaction without reasoning, and it has thus been used to perpetuate crimes by those will evil intention.
In your opinion, would regulation by the government make things easier or harder for crypto users? Would you like it?