Regulation or Privacy?

[Interface User 1070]

I think I still need regulations because some hackers may give a way to access the accounts and private data but sometimes KYC is dangerous it can steal information to the public.

[rajonmia 181]

I think we have to need more secure privacy. If we will done this then you can be relax. But if our privacy do not much secure then we will lost everything. so First we have to need perfect security.

[SuperCrypto 7193]

On 11/11/2019 at 4:42 PM, teminalibug said:

Importance of Cryptocurrency regulations and KYC

• AML (Anti Money Laundering)
• Keeping an Eye on Transactions
• Risk Management
• Seamless monitoring of transactions to ensure regulatory compliance, figuring out suspicious activities.

Importance of Cryptocurrency Privacy

• Danger from criminals
• Better basis for companies and private individuals in negotiations
• Contaminated coins can lead to blacklisting
• Censorship and prohibition
• Just privacy

As you can see Both Cryptocurrency privacy and regulation have importances, what what do you think you real need?

 

Further regulation of the currency and its pegging to governments conflicts with one of the most important advantages of Bitcoin not being Its subordination to an official authority and conflicts with the principle of privacy, but it opens up new hopes for acceptance of digital currencies.

[pulokdeb 61]

We have to maintain control and privacy and act in harmony with our secrets.

[febriyana 934]

I prefer choose regulation. Where we know the cryptocurrency can used for criminal. That is sure we can't avoid it. Because the cryptocurrency is free currency everyone can use it whatever good or not. That is not only cryptocurrency. But also in fiat have criminal, maybe more high than cryptocurrency. So government actually can't banned cryptocurrency because reason cryptocurrency is bad idea to support criminal.

[Romaan1987 601]

On 11/11/2019 at 7:42 PM, teminalibug said:

Importance of Cryptocurrency regulations and KYC

• AML (Anti Money Laundering)
• Keeping an Eye on Transactions
• Risk Management
• Seamless monitoring of transactions to ensure regulatory compliance, figuring out suspicious activities.

Importance of Cryptocurrency Privacy

• Danger from criminals
• Better basis for companies and private individuals in negotiations
• Contaminated coins can lead to blacklisting
• Censorship and prohibition
• Just privacy

As you can see Both Cryptocurrency privacy and regulation have importances, what what do you think you real need?

 

Yeah its been right that regulations have more value than privacy, but most of the peoples does not want to do KYC/AML as there is lot of risks involve in it, if a government regulate crypto and provide facility to do KYC than it could be very trusted.

[teminalibug 309]

1 hour ago, Romaan1987 said:

Yeah its been right that regulations have more value than privacy, but most of the peoples does not want to do KYC/AML as there is lot of risks involve in it, if a government regulate crypto and provide facility to do KYC than it could be very trusted.

KYC is risk as you say, we can not go around trusting all the crypto companies with our data.

[BitMart 326]

Currently we need these both as many problems around us we have to regulate this all with privacy its need of time because just because of not proper system we are in some serious problems which are created by hype news and propoganda of negative mind peoples if we can implement these both then surely we can go beyong and have very good future.

[teminalibug 309]

5 hours ago, SuperCrypto said:

Further regulation of the currency and its pegging to governments conflicts with one of the most important advantages of Bitcoin not being Its subordination to an official authority and conflicts with the principle of privacy, but it opens up new hopes for acceptance of digital currencies.

I want to ask something, regulations, can a con as bitcoin ever been regulated, by force if the government want to?

[babaji 1228]

I would say regulation, but once regulated, the volatility would drop and bitcoin would become stable.. too stable in my opinion. It may be good in some way, but we are driven by greed and want bitcoin to go very high, so I can sell all that I got and live a good life. So the answer would regulation after bitcoin touched 1mn mark. lol

[rajonmia 181]

I think if we will do one thing then definitely will be done another thing. Like if we secure our account then easily done regulation. So we can do anyone for this two matter. Thanks.

[fuer44 1083]

I think regulation is important because a forum or website must have regulations first so that what happens, if it is wrong, then it has the right to be punished because of regulations. privacy issues, in my opinion are relevant and can work after the regulation is made.

[Sourav43 106]

cryptocurrency should be privacy and controlled. But privacy is important first, because if you do not do it, our account will be hacked. Without privacy, we will face huge losses. But the cryptocurrency has to be controlled as well.

[andrehol 16294]

At the moment, cryptocurrencies exist well without any regulation. They allow people to work and live well. Why fix what works well?

[Sumayya 493]

1 hour ago, nataliav536 said:

I think we need a balance between regulation and privacy, because a lot of people use cryptocurrency to launder their money.

If it is balance it will make crypto more secure and also it will make it more easier to be used

[pakjobhelp 1585]

I give vote on regulation because i want to work for crypto currency fully freedom and use all the feature of crypto currency which are shown after the full fill KYC. In my opinion this is not bad act this is compulsory component.

[el-Muhammady 718]

In this case,both two feature arrange evenly expert sides and corrupt sides. i deliberate a crumb of decree and perhaps a speck of privacy would be improve than leaving out one option completely
 

[andrehol 16294]

Just now, Jon said:

Лучше исправить проблему конфиденциальности криптовалюты, почему люди, проходящие через kyc, это вообще не конфиденциальность

but today we have a choice. pass identification or not, it is everyone decides for himself. If anonymity is removed from the crypto, we will have no choice. There is nothing good about it.

[rajonmia 181]

On 11/11/2019 at 9:43 PM, soupster said:

Both have equally good sides and bad sides. i think a bit of regulation and maybe a bit of privacy would be better than leaving out one option completely. 

Can you elaborate which is the bad side this two? Because I always think if I do one think this two then another is definitely happen.what do you think about this.?

[teminalibug 309]

20 hours ago, rajonmia said:

Can you elaborate which is the bad side this two? Because I always think if I do one think this two then another is definitely happen.what do you think about this.?

I think the bad side for regulations is we get back to been controlled by the government, but the bad side of none regulation is we will have no civilization in this crypto world and scammers will always hurt us.

[mani982 286]

According to my opinion Regulation are very necessary for crypto trading.After regulation we can trade easily and government should remove the bad coin and projects and we get only real project in crypto.

[Gg233 1061]

On 11/11/2019 at 10:42 PM, teminalibug said:

Importance of Cryptocurrency regulations and KYC

• AML (Anti Money Laundering)
• Keeping an Eye on Transactions
• Risk Management
• Seamless monitoring of transactions to ensure regulatory compliance, figuring out suspicious activities.

Importance of Cryptocurrency Privacy

• Danger from criminals
• Better basis for companies and private individuals in negotiations
• Contaminated coins can lead to blacklisting
• Censorship and prohibition
• Just privacy

As you can see Both Cryptocurrency privacy and regulation have importances, what what do you think you real need?

 

I prefer those companies or exchange that has good security for their user and can really protect data of their user and will not be hack by anyone.

[AL SHAIMON 1293]

Privacy is most important. Our data should be more secured and for this privacy is most important otherwise bad people will hack our data.

[teminalibug 309]

6 hours ago, Gg233 said:

I prefer those companies or exchange that has good security for their user and can really protect data of their user and will not be hack by anyone.

And where do you thin k what you need is found at; regulated sites or none regulated/decentralized.

[Syedbesharat 5423]

I need privacy in my all transaction.I do not want my privacy leak to all public plat form.I want to control my assets .