Quote from: TimeBits on May 11, 2019, 03:39:41 AM

Catch a man a fish, you can feed him for a day.
Teach a man to fish, he can feed himself for life.

The less laws, The less regulation, The more people will be forced to take responsibility for their actions.

We don`t want wooden Pinocchio`s Forced to run around blindly getting pulled by our strings.
We want real men and woman Willing to run around with their eyes open.

http://justsomething.co/the-22-most-ridiculous-us-laws-still-in-effect-today-2/

Exactly. That could be the reason why its still the wild west on most cryptocurrencies. Their decentralized nature allows anyone to do what he/she pleases without hesitation. However, with a proper regulatory framework in place, the number of scams, theft or fraud can be reduced to a minimum. As such, there needs to be a balance between regulations and decentralization. Otherwise, too much regulation could be harmful for the crypto industry as we know it.

In the centralized realm, hackers and scammers are also present. But they don't appear as much as in the decentralized realm, because centralized systems are fully compliant. Still though, as crypto land matures, we'll be able to see more law enforcement from governments worldwide. Only then, people will stop abusing decentralization bringing a calmed environment to the crypto industry.

Nonetheless, the time will come when people will realize how decentralization behaves, allowing them to take proper responsibility when dealing with cryptocurrencies. Just my thoughts Grin