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Author Topic: Does cryptocurrencies need government regulation  (Read 924 times)

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Offline popeyeTopic starter

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Does cryptocurrencies need government regulation
« on: March 21, 2019, 11:33:24 PM »
Cryptocurrencies need government regulation to deter price manipulation and related wrongs, but the absence of such regulation is one of the biggest reasons that many investors buy into cryptocurrencies in the first place.
Bitcoin, cryptocurrencies are unpredictable because they have no intrinsic value, and they are more dangerous than a visit to the casino. But at least you know the rules there, and every player can calculate the odds, whereas there are still many gray areas when it comes to cryptocurrencies.


But does this mean that the new artificial currency has to be strictly regulated? What crypto society think about it?


Offline FutureICO

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Re: Does cryptocurrencies need government regulation
« Reply #1 on: April 09, 2019, 10:36:28 PM »
With Crypto world, it almost got to be done with break down with countries, as there is just no way could you understand for all together. Every country will have their own views and policies and it will change from time to time according to the government running.

So, we just need to understand the basic concept of Cryptocurrency Laws, and mostly try to get in that to avoid any major issues or trouble regardless of our country operating.
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Offline popeyeTopic starter

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Re: Does cryptocurrencies need government regulation
« Reply #2 on: April 11, 2019, 08:07:24 PM »
I will read it, because I want to understand how traders can easily use their money to start a business for example like restaurant!
Without thinking about AML and taxes and proving the legality of their assets

Offline VladEx

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Re: Does cryptocurrencies need government regulation
« Reply #3 on: April 18, 2019, 09:00:19 AM »
I will read it, because I want to understand how traders can easily use their money to start a business for example like restaurant!
Without thinking about AML and taxes and proving the legality of their assets
It is hard to start a business without paying taxes and proving the legality of the assets because governments will never let traders do like that

Offline Meadow

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Re: Does cryptocurrencies need government regulation
« Reply #4 on: April 24, 2019, 01:04:55 PM »
It is hard to start a business without paying taxes and proving the legality of the assets because governments will never let traders do like that
People think they will be able to bypass the laws by being involved in crypto when it's actually, the laws that use crypto in their own interests


 

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