In my opinion regulation is needed everywhere, otherwise, there will always be types of abuses. Look at personal data for example, that have been sold during those years by everyone, starting from social media and affiliates, leaving so many doors opens to scammers to abuse uneducated weak audience.
Bitcoin has all it takes to be the official money of the internet.
Some of us can survive without regulation as we can "defend" yourself against frauds and malware. But what about the rest of the world? I think that more then regulation, we need education starting from elementary schools talking about the risks online, teaching the evolution of the Internet and educating the future generation of this digital world.
Bitcoin is probably only one sector that needs to be regulated to increase awareness and drive higher volumes. I believe as a result of it, the market cap will benefit.