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RE: Are regulatory laws a threat to the crypto world?

Without a doubt the laws are going to come because, as you well say, the gear of the system needs it. And with so many people bringing capital into the market, there needs to be control. But I also observe the position of these proposals by the financial system, and the way in which the regulations are presented to the public.

As an investor, for example, I must follow these regulations, but I do not leave aside the philosophy behind cryptography and its principle. This may seem a bit idealistic, but I consider it an interesting debate.

It is true that cryptography for large investors can be considered an instrument of protection or technological investment. But when the crypto world exploded on youtube and became known to the common denominator, it was sold through trading and the ability of these assets as instruments of exchange.

I understand that the term "cryptocurrency" is somewhat misused. If we see crypto with investor eyes. Ethereum, Bitcoin Core, Ripple are Blochchain Companies, ether, bitcoin and xrp are the assets of these companies, for me they represent the shares of these companies, only they are listed within a decentralized market that depends on other factors. This is a topic for an article that I would like to develop later. But in itself, it is true, to see only these assets as a currency, or a competitor of the dollar only is to close their possibilities.

Thank you for participating and giving your vote. Thanks for sharing your opinion.
A hug @crypto.piotr

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 4 years ago 

Seriously, I love how responsive you are @ale.aristeguieta :)

Great to have you around buddy
Cheers, Piotr

Thanks a lot my friend @crypto.piotr !!

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