Completely agree with the viewpoint. We're already seeing happen with majority of the blockchain based innovation happening in countries with favourable regulatory environments like Singapore, Switzerland. The gulf in innovation in this space will increasingly widen between these countries and ones with unclear/unfavourable regulations IMO.
That's true. Switzerland is an especially important point for me. If this country does something, then it must be a smart move, even more so if it's related to the economy. Honestly, I don't even understand why it's so hard for some people to realize it since Switzerland is well-known for its economic stability and banks. If Bitcoin was actually something risky and shady, no way Switzerland would welcome it and even allow a whole crypto hub in one of the cantons.
I really think that cryptos give African countries a chance to level up and grow their economies because they are not that deep into the traditional Western system yet.