Quote from: GREENch on January 08, 2020, 12:58:36 PM

Regulation-will be a "double-edged sword" as the bodies exercising control will represent and defend the interests of a particular "player" whether it is a country or a global Corporation. And from such regulation, there will be no benefit for the crypto community.

That's right. Imagine that you will have a superb idea for crypto and use of its blockchain (totally not a scam) - but the new legislation will not allow you to come to the public with it unless you meet requirements which simply cannot be met by a group of developers not backed by a multi-million companies. Many projects with a huge potential would not come to existence, or some of their solutions will not come from what users really need - but what corporation accountants dictate. This could ruin the industry.

We already see that in the gaming industries. Smaller studios known for some genres and legendary titles are purchased by the big corporations and after couple of years these titles and genres are abandoned as not giving as much revenue as expected (even if they generate profits!).