Quote from: pooya87 on August 10, 2025, 10:58:51 AM

That doesn't make any sense specially since your post is designed in a way to convince the audience that regulation is a good thing for cryptocurrencies whereas the exact opposite is true.

The nature of decentralized systems is in a way that they do not need to and they can not be regulated. In fact regulation is the death of decentralization and is the introduction of same centralization that we tried to get rid of by inventing the first cryptocurrency aka Bitcoin.

The reason why many altcoins have failed over the past 16 years is not because they were not regulated. But it was because they were useless, flawed, lacked innovation, etc. Regulations will not change any of that.
The people who lost money to many scamcoins, lost it because they were greedy even though they were obvious garbage coins/tokens. Again that's something regulations cannot prevent.

I get your point about decentralization – and I fully agree that too much regulation could destroy what makes crypto unique in the first place. My intention wasn’t to say that regulation should control every aspect of crypto or turn it into a centralized system like traditional finance.

What I meant is that the complete lack of any oversight makes it easier for outright scams to flourish, especially for new investors who don’t yet have the knowledge to separate solid projects from “obvious garbage coins.” Even minimal consumer protections, without touching the core decentralization, could reduce the amount of fraud.

I also agree with you that the main reason many altcoins fail is bad tech, lack of innovation, or no real use case. That’s exactly why I emphasize doing proper research and regularly reviewing your holdings – because whether regulated or not, bad projects will eventually collapse.

I’m not advocating for killing decentralization, but I do think the absence of any framework means scams can run wild, and that’s where many people lose money unnecessarily.