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RE: Bitcoin: Boon or Bubble?

in #bitcoin7 years ago (edited)

Thanks a lot, very nice reading. :)
"We can't regulate what was created to not be regulated. A regulated or proprietary blockchain will be a hierarchic "prison-chain". charlie777pt
The reaction of regulators is always inconsistent and slow (they are behind reality), so they create barriers that express their ignorance, creating friction to augment costs and robs competitiveness to the markets and to the flux of goods and money.
Real regulations must come from the interaction in consensus for all the members of a community and between communities inhabiting and having the ownership the blockchain.
Cryptocurrencies must always operate independently of any centralized structure with the "vampires" of public wealth.
The challenge is to be or not to be AML and KYC.:)