Regulation uncertainty has become the most significant headwind for the crypto industry. Regulators are trying their best to hammer a nail in the wall, just like the frontiers built a fence on the land in the Wild West age.

The crypto-communities as a whole have been fighting for their fundamental rights against the pressure from governments, as well as compromising on regulation rules such as AML and KYC. The thing is, just like the argument that whether every country should follow‘the rules based order’ in global geopolitics, the real issue is, who is going to makes the rules?

To get out of the tit-for-tat endless loop, maybe we should look at the regulation issue in another way. The governments should go back to the fundamentals of their roles in social contracts, act as a builder, instead of a dictator in the upcoming crypto-tech revolution.

mirror.xyz/0x8900cCBdC60fD97E3B7c8529A9987F8c0f8A1125/OsMYPM9BG3Y_95ZRaDG01s55ITvjVlaiRyc_ObR6OX0

#crypto_regulation #goverment_rollups