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.
Life shows that scam projects teach only those who already invested in such projects. Newcomers are still making the same mistakes (do not read WP, do not calculate their possible profit, do not analyze the team and their background, etc.). At the same time, even the experienced investors could swallow the bait of well-camouflaged scams, which eventually delay their ICO, listing or even dump the coin to 90% of the initial value. What I mean, is that people are not getting smarter until they are being scammed themselves.