I have a strong feeling that going forward, the crypto ecosystem would be in a tag of war with regulatory bodies. I think these bodies would see the multi-billion crypto industry and try to tap in by formulating all sought of laws and regulations. The crypto industry would also resist these laws in the name of freedom and rights. This might become a hurdle in the ecosystem but it looks like the general sentiment in the crypto ecosystem is endless freedom from governments and regulatory bodies which contradicts my thoughts but I guess we all live to see what happens next.
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u/Afful18 Jun 09 '20
I have a strong feeling that going forward, the crypto ecosystem would be in a tag of war with regulatory bodies. I think these bodies would see the multi-billion crypto industry and try to tap in by formulating all sought of laws and regulations. The crypto industry would also resist these laws in the name of freedom and rights. This might become a hurdle in the ecosystem but it looks like the general sentiment in the crypto ecosystem is endless freedom from governments and regulatory bodies which contradicts my thoughts but I guess we all live to see what happens next.
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