Unxpected unanimity
On 14 May 2026 the debate concerning the necessity of legal regulations for the market of cryptoassets (cryptocurrencies) was held and it involved students of the Faculty of Law. The general feeling was that it seemed like a lost case for the advocates of the status quo and indeed it was a difficult task for the proponents to defend their cause. The heated discussion that followed a somewhat slow and cautious beginning revealed the arguments of both sides of the crypto barricade.
The proponents argued for decentralization and financial inclusion, lower costs of transactions and faster transfers, limited supply of bitcoins which protects against inflationary policies of central banks and security and transparency.
The opponents put forward the arguments concerning extreme volatility of cryptocurrencies, irreversibility of transactions, no consumer protection and huge environmental impact.
Apparently the zest of proponents planted the seeds of doubt resulting in a relatively equal vote with a slight advantage of those against regulations.
