As a digital nomad, what do you think about banks regulating cryptocurrencies?

Answered by Thibault Lemaitre, digital marketing consultant

More important than banks, I'm interested in governments regulating the crypto world. There's been so many scams that it needs to be regulated.

Increasing regulation may force the market to go down in the short term, but in the long term, it's going to help with getting more interesting and legitimate projects that comply with rules and are beneficial to everyone.

I feel that if someone makes a ton of money on the fake project and leaves with all of this money, they should be prosecuted for the equivalent of conning other people.

That doesn't stop regular people who are buying into crypto from having to do their homework about learning about the project, the team, and who they want to back.

I'm also interested in the potential of the cryptoworld over any short-term thinking and day-trading.

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