I reflect on the fact that lack of regulation in the field of crypto currency, gives wide opportunities for scam projects. And it will not be possible to regulate the cryptocurrency, no matter how much the goverments want to do it. In the fact that in the world of crypto, lots of scammers and they remain unpunished, I see one big plus.
People will be forced to learn to be more insightful, calculating and rational or will be scammed. Protection from the state decrease our instinct of self-preservation and slowed our development.
Crypto currency will make the next generation of people smarter.
Let's discuss this topic.
Do people need cryptocurrency? I mean "usual" people, who are not involved into this. People who use cash and fiat money and maybe don't even know about crypto? We all want the good future for crypto. To make it popular and useable anywhere. But do most part of people really need it? It seems like they are ok with cash. Why should they replace it with crypto. You may say something about anonymity and fast and secured transactions or something else. But again: do they need it? Do a factory worker need anonymity and fast transactions to get paid for his factory job? WE want and maybe need the bright future for crypto. But what about them?