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RE: Crypto regulation

in #cryptocurrency6 years ago

As much as regulations bring sanity to the finance corridors, you would agree with me that some of the measures put in place are complete nightmare and takes an awful lot of time to complete a single transaction. Why the idea of cryptocurrencies is here to snuff out the challenges inherent in the fiat world. The only regulations that will be the same old ones that are highly unfavorable to under developed and developing countries of the world which I am part of. Cryptos are not for the risk averse investors, the have bonds, treasury bills, hedge funds, options and futures, fixed deposit to mention but a few. Let those who are risk takers go it and please for the love of God stop spreading false information that alarms investors, causing the market to crash and burn. That being said, I oppose regulation.