It's no news that crypto currency popularity has taken more of a centre stage in the worlds economy. Consequently many governments of the world have started to dish out in the eyes of some; strict rules, and the other, rules to protect.
The first fraction see these rules as a means disrupting more engagements, even for potential new subscribers. And some of these rules are stricter is some countries with some persons even contemplating migration.
The other fraction would argue that these rules would guide against scam, volatile nature and other potential risks especially for new subscribers.
Off course there could be a balance where the strictness may be reduced, and more information provided in order to curb the potential risks.
Expressing in percentage; would you say 60:40, 50:50, 40:60, 70:30, 30:70......?
I am of the faction that wants freedom. People should be allowed to make their financial choices. The government should allow people who want to go through KYC to do it. While other who wants to remain anonymous (pseudonymous) should be free to transact in crypto without restrictions. The problem with these regulations is that it is not just about fighting scams or money laundering, but also surveillance and control. My take is that these regulations have their strengths and weaknesses, but people should be allowed to decide how they want to use Bitcoin.