Re: Enforcing government regulations

Exactly. In fact, most governments are concerned about the misuse of cryptocurrency for illegal activities, thereby limiting their mobility. However, if the government is in line with the cryptocurrency scheme without interfering too deeply in the case you explained, then that is no problem.

Especially if people really want proper use of cryptocurrency, abiding government regulation is a good thing to consider. It doesn't mean that since bitcoin or other crypto is providing us freedom in our financial assets, we will not abide the government. Let us help them do their part in maintaining good governance. Blocking illegal sites that will promote misuse of cryptocurrency should be supported thinking that it is for us not for them in the first place.

I agree. There are some regulations that are good, amongst others.

That's one of the things that regulation could go well. In my country, deep web has become quite a trend and it went deeper to dark web wherein this is where people do their illegal transaction through the use of cryptos like Bitcoin. I haven't dived there, and I don't have plans because there is no reason to do it. People will still use VPN to hide their IPs especially when they dive there, therefore even if government attempted to regulate cryptos. There is still a hole in that regulation though.