Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
Well I'm just going to ignore all the numerous replies this thread has already gotten so I can air my view too. Jugding from what we see in our everyday life, irrespective of all the government body has done to regulated the system the system still experience same difficulties as the cryptocurrency space like identity theft, scamming etc.
That's just to say the problem isn't about regulations but the society in general. Regulation might reduce the rate at which this crimes/scams are been performed but it doesn't eliminate them totally instead with the help of the blockchain through its dApp we can work something out. Instead if fighting for regulations like workout a solution that'll eliminate the problem totally.