indeed, this is true, but we have to see from the other side, there are many obstacles to this crypto, one of which is a regulation that does not yet exist from government agencies, and there are some people who see the negative side of this crypto.
Yeah, Regulation is the major hurdle in the path of crypto and also many scared to adopt it due to hig up and down. Majority crypto used like as an investment more instead of solving real problems more. But with the time all the things are changing. Like investors not dumps like in the old days. And also projects with not much innovative ideas gets to failed. It's just beginning of crypto hope to see at good level in the coming years.
Yes definitely, you are right. However I think regulations are going to be a welcomed addition to this space because a lot of criminal activities ate going on in the crypto space which i think needs to be curbed. The ICO scams for example ate too rampant in our time and also different kinds of market manipulation which may qualify as irregularities in a regulated system.
Regulations will only be a thing to stand against if it goes against the core values of the Blockchain which ate privacy and anonymity.