Regulations, DeFi & Web3

[Anonymous No.51087847]

What will be the effect of crypto regulation on web3 and DeFi?

[Anonymous No.51087896]

>>51087847
Regulation is centralization.

[Anonymous No.51087910]

>>51087896
Yes, not too good for the system, but how willl ir affect the industry?

[Anonymous No.51087960]

>>51087910
More projects will move their websites to decentralized hosting, like some already have. True decentralization will survive, fair launch projects will get more recognition

[Anonymous No.51087974]

Split crypto into centralized shit and true decentralized shit

[Anonymous No.51088010]

>>51087847
The prices will tank, the market cap will drop, a lot of women will leave their men for real estate guys.

[Anonymous No.51088024]

>>51087910
Regulated cefi exchanges will rise upon the shoulders of trillions of new boomer dollars, now confident they can invest in crypto with some assurance

[Anonymous No.51088025]

>>51087847
Regulation will sabotage crypto growth, but it will curb crmininal activities in the space

[Anonymous No.51088090]

>>51087960
This is already what many companies are working on but crypto regulation could go two ways.
1. Regulation brings more trust in the system, more institutional investors ape in and the overall market cap shoots up.
2. People get angry because they are no longer in sole control of their money and transactions, they leave the market and the prices crash.

[Anonymous No.51088099]

>>51087847
do not buy RLC it is not a web3 or defi coin whatever you do do not buy RLC it is a scam

[Anonymous No.51088100]

>>51088025
Yeah, but a lot of 'illegal' transactions are what make a bulk of the transactions, I guess.

[Anonymous No.51088151]

>>51088024
That's an advantage to some investors but a disadvantage to many, because many will be mandated to pay high taxation, since their transactions/holdings are public

[Anonymous No.51088352]

>>51088100
For real?
Do you mean illegal transactions makes the cypto boom?

[Anonymous No.51088385]

>>51087847
Don't know if web3 will survive with regulation.

[Anonymous No.51088407]

>>51088352
Tornado cash and XMR have shown that it's true.

[Anonymous No.51088413]

>>51088010
The question is will privacy still exist?

[Anonymous No.51088436]

>>51088407
How did XMR make that truth? We have a long way to go when it comes to privacy.

[Anonymous No.51088445]

>>51088385
I think some countries are regulating already and it's going fine, It's mostly to protect the population.

[Anonymous No.51088452]

>>51088100
Stop being a fag and think it's all about illegal transactions when they talk about privacy.

[Anonymous No.51088467]

>>51088445
There's nothing fine about regulation. This is the reason for decentralization.

[Anonymous No.51088500]

>>51088413
Definitely, web3 can't be effective without privacy, but such privacy project must have some auditable features, otherwise, it will be blacklisted like Tornado cash, and only few privacy project has such features

[Anonymous No.51088573]

>>51088500
There are a few with such auditable features already. Just make your research.

[Anonymous No.51088614]

>>51088452
Maybe he doesn't value the safety of his funds
When your transactions are viewed publicly, it exposes you to a possible cyber attack

[Anonymous No.51088630]

>>51088452
Regulation will definitely increase adoption of defi privacy will have the same effect.

[Anonymous No.51088672]

>>51087896
Centralization is NOT decentralization. Know that and know peace

[Anonymous No.51088695]

>>51088630
What if the fight is focused on defi privacy alone?

[Anonymous No.51088714]

>>51088695
defi is the most realistic implementation of web3 we have so far retard.

[Anonymous No.51088753]

>>51088630
Programmable privacy especially an auditable minded projects will have a place to stay.

[Anonymous No.51088755]

>>51088500
Privacy defeats the very aim of crypto.

[Anonymous No.51088767]

>>51088630
I can see Shade Protocol going places with the Shade Bond feature getting released. Hand in hand with the regulation

[Anonymous No.51088782]

>>51088714
You are a retard because you want to defend shit blindly. Try to be realistic because we all love privacy and hope that regulation shit will not come.

[Anonymous No.51088854]

>>51088767
Getting ready for the shade protocol airdrop coming. One good thing staking on cosmos.

[Anonymous No.51088865]

>>51088630
To some extent
They will be more trust and more investors will have nore confidence to invest

Many will find privacy as a way to boycot higher taxation, which will increase privacy adoption, but, is privacy network a way for tax evasion?

Absolutely NO.
Rather a way to prevent higher taxation, and also stay safe and secured from cyber attack.
>>51088695
No anon
Only those without auditable features will face the heat and blacklisting

[Anonymous No.51088869]

>>51088755
Don't be an asshole. What's the aim of crypto if it has no privacy? Are you telling me that your deluded brain thinks having transactions on public chain so that every freak pleb can see what's going on? It sucks to think like that

[Anonymous No.51088942]

>>51088782
You can't fucking escape regulation, it is already here, prepare your mind and find a concrete solution for your self anon

[Anonymous No.51088957]

>>51088767
WTF is this shit?

[Anonymous No.51088976]

>>51088782
You obviously didn't lose any money in LUNA.

[Anonymous No.51089001]

>>51088865
>which will increase privacy adoption
Interesting argument, How then will you explain Tornado cash sanction?

[Anonymous No.51089008]

>>51088854
There's a big advantage by staking cosmos and its top chain coins. A ticket to receiving so many airdrops. I'm expecting to receive the second round of SHD airdrop

[Anonymous No.51089022]

>>51088413
This is it right here. They may phase out completely.

[Anonymous No.51089095]

>>51088755
Decentralization is not against privacy and security
Crypto is to be transparent and decentralize, but privacy, security and safety is also a neccesity
Your fucking government knows this fact

[Anonymous No.51089128]

>>51088957
>>>51088957
Do some fucking research about shade and silk, you ranjeet

[Anonymous No.51089213]

>>51089095
I know for a fact that privacy in NFTs has been well accepted.

[Anonymous No.51089230]

>>51089213
Stashh will tell you more about that. Unbelievable how well that private NFT marketplace has been adopted

[Anonymous No.51089255]

>>51089095
You've said my mind. But because the government wants to keep control then privacy is considered weird

[Anonymous No.51089352]

>>51089230
Private NFTs are currently underrated, I got Orbem Wars NFTs for my gaming activities recently without anyone knowing I have such assets, and I've been earning passively playing their P2E games.
Well, it's just for the main time, soon, they will be left with no option that to accept it with full chest, or they will be left out

[Anonymous No.51089647]

>>51089230
the access control it gives owners has a lot of advantages. It will better suit identity systems and even media because of its good copyright management possibilities.

[Anonymous No.51089925]

>>51089352
Exactly the same way privacy in web3 & DeFi is underrated.

[Anonymous No.51090205]

>>51089128
What is shades and silk about anon?

[Anonymous No.51090494]

>>51088865
why do you think the irs got 87k new agents. to check all those crypto gains that many people didnt declare properly

[Anonymous No.51090558]

>>51090494
You tell me

[Anonymous No.51090594]

>>51089001
>
If you study Tornado Cash, you will see that it doesn't have any auditable features like that of Secret Network

[Anonymous No.51090934]

>>51087847
0xMonero's 0xTIP cannot be censored because it is closed source like Ledger and transfers off-chain. It was featured by defiant- https://twitter.com/defiantnews/status/1562637200168169474?s=21&t=HO4SisMhT6W_cBQySNoYaQ

[Anonymous No.51091343]

>>51089925
It's only underrated by folks who has zero knowledge about privacy
I've been transacting with Sienna Swap and other Dex without anyone having access to my DeFi activities.

[Anonymous No.51091456]

>>51088755
You're wrong pleb. Privacy is a human right and should not be any different in the crypto ecosystem.

[Anonymous No.51092079]

>>51089925
This needs to change cause privacy is a major factor keeping top institutions from adopting defi protocols since their business would be open for the whole world to see.

[Anonymous No.51092587]

>>51087847
>What will be the effect of crypto regulation on web3 and DeFi?
Privacy may become a legal requirement as a result.

[Anonymous No.51092623]

>>51088407
That's a foolish resolution. Using a privacy system or deciding to maintain a private balance does not mean a person is into illegal deals. Fucking grow up, moron.

[Anonymous No.51092852]

>>51092623
Privacy protocols are needed in this space. I don't know why it is so difficult for retards to understand.

[Anonymous No.51092906]

>>51092852
that's because they are retards dude.

[Anonymous No.51092948]

>>51088090
>Regulation brings more trust in the system
retard.

you're missing the point of crypto you moron

[Anonymous No.51092969]

>>51092623
Just because the roads are used by both good and bad people doesn't make the road a bad one. The target should be fishing out the bad and eggs instead. Same applies to privacy.

[Anonymous No.51093042]

>>51088090
I think both will happen if regulation sets in but I'm sure the market will be much fine after the crash. The market always find a way of bouncing back.

[Jealous No.51093054]

Is this coffee fucked up?

[Anonymous No.51093390]

>>51089008
Goddamn! Staking has never been old. I've been staking Iris, Xpress, Vechain, ICX, Sand, and some assets in my portfolio kek.

[Anonymous No.51093441]

>>51088090
Kek, regulations regulating a trust less system. Where is the sense in that?

>but crypto regulation could go two ways.
You failed to include a third.
3. Privacy becoming a legal requirement, hence self-regulatiuon becoming an option

[Anonymous No.51093508]

>>51092969
Well said. There is absolutely nothing wrong with wanting to stay anonymous and private with one's personal finances and financial information

[Anonymous No.51093766]

>>51093390
What do you get from staking?
>>51093508
You sure?

[Anonymous No.51094068]

>>51093508
>>51093766
>You sure?
It's quite straightforward. I am sure you dread the idea of a random faggot somewhere tracking your wallet balance without your consent. Not to talk of the risks of censorship

[Anonymous No.51094225]

>>51093390
At this point, anyone not staking any of their long-term gems is not playing it right. passive income is of the essence.

[Anonymous No.51094381]

>>51093766
>What do you get from staking?
Depending on where you are staking for good APY, staking also helps you from panic selling.

[Anonymous No.51094408]

>>51093766
Staking will earn you different rewards depending on which assets you're actively staking. Xpress has over 100% apy and they'll start to implement the token burn soon. Sandbox remains the best metaverse game I know.

[Anonymous No.51094662]

>>51093441
Unfortunately, they can't control what they didn't create. Privacy is a human right by default and there is nothing they can do about it.

[Anonymous No.51094712]

>>51094408
Do you think this is sustainable considering the current market condition? I love staking on Kraken because they offer what I will call sustainable APY on ETH, SCRT, and KAVA.

[Anonymous No.51094823]

>>51094408
>>51094662
>>51094712
Careful everyone. Don't stake easily

[Anonymous No.51095811]

>>51092852
You're right anon. Imagine being on payroll and having your salary visible to anyone who cares to look. That's BS, some things should be kept private.

[Anonymous No.51095907]

>>51094712
It's sustainable, and it started with over 2K% and has decreased as there are many users who are staking. Their token burn will be very helpful soon.
>>51094823
What do you mean? You're the one who needs to be careful in what you're just saying, damn damn damn.

[Anonymous No.51096516]

>>51092587
DYOR SON

[Anonymous No.51096933]

>>51095811
Turns out that you just figured out that blockchain is not as private as it seems. Things like this should be kept away from the public eye.

[Anonymous No.51096995]

>>51094823
I should be more concerned with folks who are chasing after high APYs at this point.

[Anonymous No.51098002]

>>51088467
...and big techs are working so hard to stop this movement.
If bobos ever paid attention to web3 messenger solutions, they won't be fucked over by whats-meta each time, kek

[Anonymous No.51098046]

>>51095811
same problem centrality has been trying to tackle for years using micropayment platforms like sylo, POS blockchains like cennznet etc

[Anonymous No.51098069]

>>51096995
jeets always eager to get rugged by all means

[Anonymous No.51098778]

>>51094823
not when it's metastaking with triple reward pool. I basically throw my bags in and forget it

[Anonymous No.51098801]

>>51094662
Funny how it's easy to say but no one wants to use free and safe apps IRL, fucking wagies

[Anonymous No.51098982]

>>51098046
I just realized how doxxed these guys are when they integrated seekers nfts into their nodes system

[Anonymous No.51099770]

>>51087847
It won't. The state has tried fighting cryptography many times in the past and it never wins. Then fighting shows legitimacy, they are genuinely scared to the point where they can't risk inaction. It's bullish if you recognize this isn't a new scenario at all.

[Anonymous No.51099849]

>>51096933
Most definitely. Although, it's good to know that on-chain privacy can be achieved with privacy solutions to keep txns away from prying eyes.