On January 3, 2009, Satoshi Nakamoto mined the genesis block of the bitcoin network (block 0), which contained a reward of 50 bitcoins. Now Fast forward more than 10 years later to 2021, and now there exists a whole host of new blockchains, some new and improved, in others just carbon copies. But as time has gone on, one constant question continues to persist, how will governments eventually come too except in regulate, this newfound industry of cryptocurrencies.
I think there should be regulation on cryptocurrencies as long as they are not too restrictive. Because like you said, new people are joining crypto every day. All of them may not be aware of everything. So it is normal for them to believe in lies or deception.
I also think that "partially" regulated cryptocurrencies will be popular in the future. Because although I think regulation would be good, if we are not free enough, what difference would we have from the current banking system? I must say, Bullish attracts me more and more every day!
I'm not very keen about regulations for cryptocurrencies, since they put an obstable to freedom. However, I don't support illegal affairs neither. Too many people falls into nets of frauds, and indeed there are some organizations that use crypto networks for dirty stuff. Looking from this perspective, it convinces me that there should be several regulations to prevent illegal activities. If any restrictions to come, they should be in count for greater good, therefore they shouldn't be strict enough to harm crowd.
For that I have no idea how this issue should be handled, but I believe in Bullish and what they are trying to accomplish. Hoping that everything will happen as it meant to be.
It is gratifying that they are considering protecting crypto investors. But if they are going to take their share from it, it cannot be said that this is a well-intentioned approach. If they are not well-intentioned, we will still be harmed. For this reason, I find it useful to be cautious for small investors like us.
Everyone thinks that they can get rich the easy way, but in fact, if we continue to do our research and be careful, there will be no need for such arrangements and we can continue our free journey.
As you said, if the most profitable areas of future crypto investments will be regulated exchanges, Bullish is one of them. That's why I'm looking forward to where these regulations and Bullish will come to.
Confidence in the crypto market is declining because of scammers. We are suffering from this. There are scams about cryptocurrencies in the news. It's really hard to tell people that the whole stock market isn't a scam just because a few people have scammed.
We always call crypto freedom, we are happy to say that it is not under anyone's control, but don't you think a regulation is necessary?
If there is no control and no regulation, I do not think that this will end well. Most of you have watched the movie The Purge, where no rules or bans are applied for a day in the movie. So all crimes are free. As a result, the world turns into a catastrophic place. So rules and regulations should always be in our lives.
The real issue to be discussed is who will make these arrangements?
It would be ridiculous for states to regulate, because each state has its own rules. For example, crypto regulation in North Korea will not be the same as crypto regulation in America, so a more global power like the UN should make the regulation.
Scams and Frauds are increasing in many industries it's not just about Crypto but many industries are facing this and i support that there should be several regulations to prevent those illegal activities but if government tires to take the freedom from the investors than that wouldn't be the best situation to be in and if they gonna implement anything they should first thing about the Outcome and how the people's gonna react to it
If people gets knowledged about the Crypto and Market we can gradually decrease the numbers of Fraud and Scams cause people will get educated about this and the rate of scams gonna decrease and because of that scammer's gonna decrease too.
I believe we can't vanish the Frauds in just a day but we can reduce it in daily basis by educating the youth and new Investors
I understand that states want to protect us. But I don't think it means well. Of course, there is a lot of fraud. But people can prevent it.
I don't think it will be manipulated very easily after exceeding a certain technology limit.
Now people will invest in technology. Is there still fraud? Of course. But as a conscious investor, we can minimize risk.
After all, there are a lot of crooks in real life. It's impossible to prevent, but it can be reduced. I personally want States not to make drastic interventions. It's not nice, especially if they're going to use it to their advantage.
States are supposedly trying to protect us. All they care about is their interests. They wipe out the people for their own benefit.
Inflation, for example. The definition of inflation in my mind is that states extort money from the public that they destroy because of their own wrong policies. They're doing the wrong thing, and they don't have any money. And it's generating new money. People's money is disappearing. What is this? That's the real fraud. You can't interfere with inflation. But in crypto, you think. If it's smart, you'll get it. There is no compulsion.
It's something I'm very angry about. This has been happening for years. I know, and a lot of people know. But no one can interfere. It makes me so angry that I can't see it and fix it. I hope you recover.
Bringing big companies to crypto environment, first of all, brings more people, more money to industry which is great. I already stated that crypto should be regulated and costumers should be protected. And the Bullish offers that to us, they create the perfect conditions for both crypto giants and starters. Totally agree with you, great job!!!
I think there should be regulation on cryptocurrencies as long as they are not too restrictive. Because like you said, new people are joining crypto every day. All of them may not be aware of everything. So it is normal for them to believe in lies or deception.
I also think that "partially" regulated cryptocurrencies will be popular in the future. Because although I think regulation would be good, if we are not free enough, what difference would we have from the current banking system? I must say, Bullish attracts me more and more every day!
Thank you for the article!
I'm not very keen about regulations for cryptocurrencies, since they put an obstable to freedom. However, I don't support illegal affairs neither. Too many people falls into nets of frauds, and indeed there are some organizations that use crypto networks for dirty stuff. Looking from this perspective, it convinces me that there should be several regulations to prevent illegal activities. If any restrictions to come, they should be in count for greater good, therefore they shouldn't be strict enough to harm crowd.
For that I have no idea how this issue should be handled, but I believe in Bullish and what they are trying to accomplish. Hoping that everything will happen as it meant to be.
Thanks for article!
Again a great article on EOS, thanks Apologist Bot.
It is gratifying that they are considering protecting crypto investors. But if they are going to take their share from it, it cannot be said that this is a well-intentioned approach. If they are not well-intentioned, we will still be harmed. For this reason, I find it useful to be cautious for small investors like us.
Everyone thinks that they can get rich the easy way, but in fact, if we continue to do our research and be careful, there will be no need for such arrangements and we can continue our free journey.
As you said, if the most profitable areas of future crypto investments will be regulated exchanges, Bullish is one of them. That's why I'm looking forward to where these regulations and Bullish will come to.
Thanks for the article.
Confidence in the crypto market is declining because of scammers. We are suffering from this. There are scams about cryptocurrencies in the news. It's really hard to tell people that the whole stock market isn't a scam just because a few people have scammed.
We always call crypto freedom, we are happy to say that it is not under anyone's control, but don't you think a regulation is necessary?
If there is no control and no regulation, I do not think that this will end well. Most of you have watched the movie The Purge, where no rules or bans are applied for a day in the movie. So all crimes are free. As a result, the world turns into a catastrophic place. So rules and regulations should always be in our lives.
The real issue to be discussed is who will make these arrangements?
It would be ridiculous for states to regulate, because each state has its own rules. For example, crypto regulation in North Korea will not be the same as crypto regulation in America, so a more global power like the UN should make the regulation.
Scams and Frauds are increasing in many industries it's not just about Crypto but many industries are facing this and i support that there should be several regulations to prevent those illegal activities but if government tires to take the freedom from the investors than that wouldn't be the best situation to be in and if they gonna implement anything they should first thing about the Outcome and how the people's gonna react to it
If people gets knowledged about the Crypto and Market we can gradually decrease the numbers of Fraud and Scams cause people will get educated about this and the rate of scams gonna decrease and because of that scammer's gonna decrease too.
I believe we can't vanish the Frauds in just a day but we can reduce it in daily basis by educating the youth and new Investors
Thanks for an amazing Article :)
I understand that states want to protect us. But I don't think it means well. Of course, there is a lot of fraud. But people can prevent it.
I don't think it will be manipulated very easily after exceeding a certain technology limit.
Now people will invest in technology. Is there still fraud? Of course. But as a conscious investor, we can minimize risk.
After all, there are a lot of crooks in real life. It's impossible to prevent, but it can be reduced. I personally want States not to make drastic interventions. It's not nice, especially if they're going to use it to their advantage.
Thank you for the article.
Have a nice day.
States are supposedly trying to protect us. All they care about is their interests. They wipe out the people for their own benefit.
Inflation, for example. The definition of inflation in my mind is that states extort money from the public that they destroy because of their own wrong policies. They're doing the wrong thing, and they don't have any money. And it's generating new money. People's money is disappearing. What is this? That's the real fraud. You can't interfere with inflation. But in crypto, you think. If it's smart, you'll get it. There is no compulsion.
It's something I'm very angry about. This has been happening for years. I know, and a lot of people know. But no one can interfere. It makes me so angry that I can't see it and fix it. I hope you recover.
Thank you for the beautiful article
There's room for everything.
I believe that regulations will help get a mainstream adoption of crypto while many others will remain operating on the fringe.
Either way, crypto is the future of money and we will see many transformations along the way.
Bringing big companies to crypto environment, first of all, brings more people, more money to industry which is great. I already stated that crypto should be regulated and costumers should be protected. And the Bullish offers that to us, they create the perfect conditions for both crypto giants and starters. Totally agree with you, great job!!!
Thanks for keeping us updated for EOS.
I hope EOS comes to the place it deserves in the market price.
It is normal for states to be concerned about money laundering and similar illegal business in crypto, but they are the ones who should prevent them.
Work can be done to make crypto more secure.
For these reasons, states are keeping a distance from crypto.
Without these security reasons, governments could now make crypto a more common means of payment.
In such environments, solution-oriented projects should be cherished, for example, Bullish.
Projects that try to comply with regulations in crypto may even receive support from governments.
I hope Bullish will be one of them.
Good projects about security systems will start a zero ahead in the future.
I believe that a regulation regarding crypto money markets is necessary.
We see people getting hurt about this.
I think we will soon see many regulations regarding crypto markets.
but at this point we are in a serious dilemma.
Will the rule makers interfere with our freedom by using a regulation as an excuse, or will they prevent possible fraud?
this is a really difficult subject
So how can we overcome this?
At this point, a good cooperation of market actors and rule makers is needed.
we need to get rid of the activities of fraudsters, and we should not give up the liberating power of cryptocurrencies.
Nice :)
Thank you Eos Apologist!
You're the only Bot I'm following!
Thanks for another great read and video.