I don’t like how some people are believing that governments are going to play a part in the adoption of crypto. I mean if a country X accepted to start regulating crypto, we will eventually end up having our money controlled by the same old greedy bankers.
I understand that crypto needs a lot of improvements, especially in terms of protecting investors. I mean if cryptocurrency projects can be making their investors a priority, then we will be having a valid argument saying no to governments trying to control crypto.
I believe that rug pulls and scams are the most dangerous things cryptocurrency is currently facing. But this definitely can be solved without the need for any third party to interfere. I mean we already have launchpads like Solana Prime working on finding decent projects to bring them to the market, and issuing insurance funds to protect investors from scams.
I mean this is an example of how we can be protecting investors without the need to get any interference from governments. Being able to solve crypto issues without any regulatory party literally means that we’re protecting the core of the entire market, this is why it’s one of the most necessary steps that crypto should be taking.