1. "Legitimacy" is misspelled in the video's visual. ("Ligitimacy" is incorrect)

2. I don't believe that regulation has not protected consumers. There are a lot of good consumer protection laws that do effectively make ordinary people's lives better in some ways. So although I like some of Andreas's other talks (especially his "Crash Course"), I cannot agree with his hard-line stance here. The existing financial system has plenty of crooks, but it is built on a foundation of value and much of the corruption is due to the lack of something like Bitcoin. So cryptocurrency has the potential to vastly improve the world while still maintaining the safety, ease-of-use, and security that comes from existing financial infrastructure.