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RE: Regulations will ultimately be good for Crypto

in #crypto6 years ago

Regulations somewhat oppose to cryptos I guess in my own point of view. Cryptos in a sense is automation without the need of manpower as its end goal. Maybe this is the reason why cryptos and particularly bitcoin is so volatile.

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On @keiserreport Max continuously reiterates your point b/c people don't seem to get it, and I have to agree: Bitcoin is self-regulating. In my opinion that does not mean there shouldn't be or is no need for regulation in the crypto space. I think it could be a two way street, regulations in opposition, like a separation of powers.

I guess in the future automation will prevail. Software and any other computer programs will eventually be the regulation itself. Robots/machines will replace humans.

Hope and pray.