Why is there no regulation for shitcoins ?

[Dopious]

They will even come up with their own coin and make the regulations in such a way that only their coin will thrive

A lot of goverments is experimenting with cryptos for their currencies, here in Sweden, we have a project going on to phase 2 now for a crypto e-krona, they are spending a lot of cash on this. But it will be centralized ofcourse .. =(

 

[PI Prince]

If there was they won't be called "shit"coins

 

[rickaloben]

Nobody can control shit


jk

 

[onlinemarketer12]

not all shitcoins are baad,many are legitimately paying but its all about thir financial management,its good to dictate good sgitcoin by the owner

Yes, some like safemoon gave good returns.

 

[Nikolaos]

Blockchain's can't be shut down unfortunately. But if you've invested in a shitcoin and it goes down you're pretty much screwed.

 

[onlinemarketer12]

Blockchain's can't be shut down unfortunately. But if you've invested in a shitcoin and it goes down you're pretty much screwed.

I think self control is the only option then.

 

[xinase3501]

It is really funny to me that everyone is crying now over the down fall of crypto and just barely a month a go every thread here was about crypto and shitcoins going up.. Cry my sons cry and well come to the game of the BIG Dogs.

 

[Deleted member 1455908]

A sucker and his money are soon parted. And that's on the blockchain, down the pub, or basically anywhere else in life.

Crypto is more than decentralised digital money, its the power to make your own choices. If people use that power to make bad choices and invest in retarded things without DYOR that's their problem.

Also a bit of common sense wouldn't hurt, if people are promising "laMBoS foR eVERryONe" that invests...

 

[AU369]

They let scam coins happen so people like you demand regulations.Regulations will come for EVERY coin and will kill the decentralized and unstoppable aspect.
3rd party service providers will be used for it.