Hoping I'm not the only one in here feeling this way or I assume S.W.A.T. will be at my door in a few minutes.
I see most of the forum members in here thinking we need the government to step in to regulate crypto. I see others flocking to KYC to make sure they get the latest airdrop all the while losing the precious commodity of privacy. I even see others hoping and praying we get the ETF approval so prices will really skyrocket and we can all get rich. The ETF is going to steal control away form us and give it to the paper pushers. Everything the majority of the forum is doing and hoping for is giving the movement away to the same power structure which is screwing us all over.
We need no regulations. We need no KYC. We need no ETF's. What we need to do is show the world why Bitcoin is better than government FIAT and let Bitcoin take over that way. We have a real shot at gaining freedom of finances however it seems most are tripping over themselves to give all that away to the government as quickly as possible.
Please consider government interference in crypto for the future generations sake. They will not have the amazing earning potential we have. They will just get a shit sandwich of every transaction they make begin on a public ledger. Perfect tax slaves. Are we handing our kids over to the system by allowing the governments to just step in like this?
I agree with some of your arguments as they are very much valid but concluding that there is no for government or some form of regulations would only compound the whole issue simply because there is no way you can control the behaviour of people engages in crypto currency. For the fact that you won't engage in illegal activities does not mean other people will not engage in it which means people needs an authority to protect them.
For example if its proven that because of lack of government regulations, terrorists were able to finance their activities and strike, they would attack those who either believes in crypto or not, innocent or guilty and most importantly those who will be in the wrong place at the wrong time which could be anybody. How do you then stop that. While government maximum intervention is discouraged, its sometimes necessary to protect the overall populace.