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RE: Elon Musk shilling Bitcoin // not high :)

in #bitcoin6 years ago

Good stuff. Lots of positive things going on. The next bull run may have the stuff of tulips. ;)

"Lets be honest, regulation is great and it is an important step towards mainstream adoption..."
I wouldn't agree. Regulation always comes with a net detriment, because it introduces cronyism under the guise of legitimacy through imposed authority. It's like putting frosting on cow dung. ;)

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Well it all depends on what kind of regulation we are talking about.
Id say theres the kind that allows ease of access for institutional investors, companies, etc. and then theres the regulation that goes against the core principles of crypto.
Some regulation, some of the time i think is good especially when we are dealing with crypto that can never be regulated to that degree that its core qualities dont stay intact.

I can see why you'd say that. But I'm not in support of any form of government regulation.

I can respect that. Im just not as anti government regulation. I can find value in it if its in strict moderation.

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