The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?
Creating of various cryptocurrency without functional products is the reason why the market is filled with shit coins, and fraudsters using the opportunity to scam gullible investors by creating scam coins.
I want to say that everyone cannot create cryptocurrency, if it happens regulations will be stiffer, in order to deter people from flooding the crypto space with crypto.