Cryptocurrency needs proper identity verification
It's the most common thing needed it's the main reason that is stopping CRYPTO to enter real world.
Probably that will be the best thing that are needed in cryptocurrency which is the proper identity and can be additional to this is to have a much suite and much better regulations therefore it cannot easily using by some worst people in their illegal transactions. As we known that there are a lot of news that regards to crypto involvement that's why some other peoplpe are afraid or hesitate to have an involvement in crypto world and maybe the reason why some government are really banned it in their respective countries.
I purely agree on the fact of regulation and that would really usher in some good level of growth in the community. Also, it would obviously affect a lot of coins and tokens that came into the system as pure scams and it would end up being more like cleaning the space.
I believe with this, it would ensure a matured market and with bigger players and institutions setting into the space, we all know the space is not going to keep being what it has always been in the past and that is really good for growth as far as I am concerned.
Identity will only be restricted to exchanges and it does not change the idea that decentralization brings. Yes, most of the exchanges we have had now have been centralized in nature and this is where I see so many decentralized exchanges coming up in the long run as we get to see some good ones that would become more used than centralized.
Regulation is not a bad thing anyway as that should help growth and create peaceful and sane environment for investors. But it usually treated by most of crypto users as an non-acceptable concept against decentralization. Only time may tech us that we may need regulations are not.