It's time for cryptocurrencies to have strict and clear rules, it's been more than 10 years but cryptocurrencies don't have clear regulations yet, this certainly makes us worry about the future, as happened with LUNA which was previously ranked 10 with a price of more than $100 but only take a week to be under 1 cent.
Couldn't agree more with you, mate. With strict and clear rules, the whole crypto/Blockchain space will be legitimized for mainstream use. Investors will feel confident in the crypto market, just like they're confident with the stock market today. With regulations, scams and theft are reduced to a minimum. We cannot say the same when there's absolutely no regulation at all (as it would enable full anarchy on the crypto/Blockchain space). While regulations cannot be enforced at the protocol level (due to crypto/Blockchain tech's decentralization), it's still possible to regulate the industry by requiring centralized exchanges and wallet providers to comply with the law. It's only been 13 years since Bitcoin inception's, yet there's no clear regulatory framework for the whole industry. At least, there's interest among institutional investors and mainstream governments to bring the rule of law into crypto/Blockchain tech. As long as individuals and governments cooperate, crypto won't be going anywhere soon. Just my opinion
