Neluns provides reasonable regulations for the cryptocurrency market

Anarchy need to be ended

Modern cryptocurrency market is out of any kind of control. Some may call this financial freedom, while I call it mayhem and chaos. Get me right: I like all the innovations that are provided to modern world by blockchain revolutions, but because of anarchy within cryptocurrency market, there is no real way to use all of them fully.

Here is one simple example: imagine that you would like to perform payment that will not be traced by any governmental organization, because you want to keep your private life private. You found the cryptocurrency, which suits your intentions and you need to visit exchange to buy it. There are thousands of different exchanges on the net, so you will obviously pick the one that offers you the best exchange rate. Since you are newbie and you do not know all the tricks, you transfer money from bank account and wait for them to convert. Exchange sends you and email, where is told that you need to wait for two days until the operation will be performed. Unfortunately, you came across fake exchange, so your money were stolen. Is there a way to recover them?

There is no way, because cryptocurrency market is not control by any instance. Thousands of projects, millions on investors and nobody to bring them all into the order. It is terrible, because such situation create perfect conditions for fraud and many people had been already fooled. We need regulations to make situation transparent and safe. By the way, regulations are not so terrible, as you may think of them.

All the truth about regulations

To start off, they are no so terrible as you think of them. For example, you think that is okay to pay certain fee every time you withdraw money from the ATM and every time you make an international transaction. Sometimes fees are huge, sometimes fees are low, but in all cases, fees are used to pay taxes. There is one simple reason of war between crypto and governments: there are no laws that make crypto users to pay taxes. To find out, why we need to pay small taxes from every cryptocurrency transaction, you may read several articles, written by worldwide famous scientists and understand the need for crypto world to become a part of global financial system.

Opponents of regulations often say about limitation of freedom, but they do forget about benefits. For example, bank of England is ready to invest in cryptocurrencies, but they need to have established law field to make it happen. And this bank in not the only one. To boost investment rate and attract money from the banks and investment fund, cryptocurrency providers need to create stable and safe environment and it will be called Neluns ecosystem. Neluns is one of the most prospect projects, which is able to combine all the benefits from both traditional banking and blockchain fintech solutions. By the way, you still have a chance to invest it.

Website : https://neluns.io/
Facebook : https://www.facebook.com/Neluns/
Twitter : https://twitter.com/theneluns
Telegram : https://t.me/TheNelunsChat
Medium : https://medium.com/@iconeluns
Whitepaper : https://neluns.io/static/ver165/whitepaper/whitepaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4694028
Bouty Thread : https://bitcointalk.org/index.php?topic=4753775.0
Reddit : https://www.reddit.com/r/NelunsProject/?st=JK201PMO&sh=8e3addc0

Author: https://bitcointalk.org/index.php?action=profile;u=95863