lol tell that to Dread Pirate Roberts. In the real world absolutely regulations can be enforced.
I agree with this. Regulating crypto is not like the war on drugs. Digital money needs merchant/user adoption to gain value and the govt can easily trace and kill any digital currency. Few would try using a banned currency which would result in zero or near zero value for that currency.
Its exactly the same in the regard that none could ever remotely be completely successful. Tons of people still do drugs, there are still terrorists, and in much of the same way crypto will always persist. It is really hard to fight against ideas.That is why privacy features are important. That makes it not so traceable doesnt it. Look... I dont know when it is going to shift but at some point governments will either create some sort of trap where they offer a centralized digital currency or they will take an antagonistic approach towards decentralized currencies... or hell maybe both. If it werent for the many other uses for Blockchain I think they would have already tried to shut it down.