I have been familiar with this topic for at least 6 years and I already know countless people who, excited by this technology, joined projects that were supposed to deliver it. Unfortunately, the ending was always the same. The project hit the legislative wall, the hype faded, investors left and friends were left with a bag of worthless shitcoins. I'm afraid that Wall Street won't give up here and won't let the crypto boys take too much of the pie
The issue of legal corridors in this market has never really been clear, and over time we all want recognition from old traditional fields in this market.
Obviously, the historical context meant that many people didn't really think that such a combination would work, but as time goes on, we're seeing more and more leading companies joining the blockchain industry. Perhaps this is obvious when people understand more about it, and at present, perhaps the perception of this market as well as its scale have changed a lot in a positive direction, but we still have difficulties forced by law.
It is crucial to recognize that block chain and crypto currencies are still in evolution phase, despite the fact that they have made tremendous progress since its inception. Consequently,the regulatory authorities face complex task to interrogating them into a legal framework without compromising the interest of general public and promoting the consistent advancement of this emerging technology. Therefore, it is essential for us to exercise patience and grant reasonable timeframe to embrace this fast developing industry.