Quote from: CrossroadBTC on Today at 03:26:01 PM

The point is a world without the law is full of flawless crime than a world with the law but still corrupted, too much of everything is bad they say let's just stay in between, centralised projects and decentralized projects have to exists and in some areas regulation is needed

I think what you fail to understand is that the government can already regulate crypto in one way or another, centralized exchanges for example can answer to the government and supply them with data and info if they really want it, but then it becomes suspicious when the government want to extend and increase the level of regulations they already have on the network, and then when they find out that there is absolutely no way for them to control the network, which is exactly what they wish they could do, they become hostile towards it, issuing one form of ban or the other or creating CBDC's that they erroneously feel would be a substitute to it.

Having said that, I for one would not trust the government, neither would I want any more regulations other than the ones already present, for example, in Nigeria the government issued a ban preventing banks from handling crypto transactions from exchanges, they initially thought that would reduce the number of Nigerians interested in crypto, but it didn't, many people are still into the network, trading and transacting via P2p, now the Nigerian government are moving forward to launch their own CBDC, that's just the typical way governments operate, they actually do not have any good intentions when it comes to financial matters regarding their citizens, they basically just want control to be in their hands, but Bitcoin gives users the freedom to be their own bank which the government do not like and which they gave responded to with regulations; thus I'm not in support of government regulations on the network.