There has been a longstanding debate within the Bitcoin ecosystem on the concept of regulation and standardization of the industry. There are generally two camps of Bitcoin enthusiasts. One side contends that Bitcoin was meant not to be regulated. The other side wants to work alongside regulators to bring about mass adoption of the digital currency. Currently, it is very easy for a wallet manufacturer to make claims about privacy that cannot be easily checked by the average user. Recent scams and fraudulent players in a rapidly growing industry have prompted both sides to reach a consensus; the industry needs a watchdog to protect consumers. Enter the Watchmen Last March Bitcoin Magazine covered C4’s announcement of a new Crypto Security […]
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