Cryptocurrency and regulations

in #cryptocurrency7 years ago

About a month back I received some advice that I should make a steemit account. At the same time my teach posed the question what do you want to write about. I felt like the energy the universe was exuding was clear. I went home picked up my laptop and began learning. I made an account and once I was fully allowed to log in had no idea where to begin. My question was whether or not putting regulations on cryptocurrency was right. Then I realized that it was a cut and dry question with too little variance I decided to ask not whether it was right, but the question why?
DraftPortfolio  -  Compatibility Mode - Word 4_17_2018 2_02_39 PM.png
Brito, Jerry. "Bitcoin: More than Money." Reason 12 2013: 34-42. ProQuest. Web. 16 Mar. 2018 . https://search-proquest-com.mctproxy.mnpals.net/altpresswatch/docview/1470421782/BB3AD0A1CD8347E3PQ/1?accountid=28000
Jerry explains the ruling on why cryptocurrency is considered money, how it is traded and the necessity for third party to watch transactions.
Farrell, Henry and Abraham Newman. "The Transatlantic Data War." Foreign Affairs, vol. 95, no. 1, Jan/Feb2016, p. 124. EBSCOhost, mctproxy.mnpals.net/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=f5h&AN=111501194&site=ehost-live.
This magazine article is packed with information about the legality and/or right of information. While the NSA wants to have more control over the information giving government more control. In essence that same control could be translated into regulations on cryptocurrency which is the opposite of why it was created, to be free of governmental control.
H.W. Wilson Company. The Digital Age. Amenia, New York: Grey House Publishing, 2015.
This book is a staple for anyone who is behind in todays fast moving society. It has a lot of valuable information regarding my argument for the control of cryptocurrency and its relevance in to todays culture.
Kirkpatrick, Keith. "Financing the Dark Web." Communications of the ACM, vol. 60, no. 3, Mar. 2017, pp. 21-22. EBSCOhost, doi:10.1145/3037386. We have a solid read on what kind of crime related activities will rise out of the new found use of cryptocurrency. We learn some of the benefits as well as the negative effects it will have in the years to come.

"Global Trust on the Internet is in Decline," New York Beacon: 8. Apr 2016. ProQuest. Web. 24 Feb. 2018 .
Definitly hits base with some of the reasons cryptocurrency is being used and more importantly how it is being used.

Sort:  

Regulations= institutional money = green days for the early adopters

Congratulations @dartstrife! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.038
BTC 94819.33
ETH 3557.02
USDT 1.00
SBD 3.79