I hope regulators stay far away from the blockchain. Bureaucracies only tend to impeded growth and hinder the advancements that we have so far seen.
I can appreciate your view on this but I think less regulation is going to be in the long run the healthiest track for the blockchain. Right now The Ethereum developers are discussing the problem with the 100 million lost in Ethereum from the signature bug found in the Parity multisig wallet library contract where a developer deleted the Ethereum.
A great discussion can be found on that very thing and self regulation on the unchained podcast found here http://unchainedpodcast.co/shapeshifts-erik-voorhees-on-how-crypto-will-separate-money-and-state This is well worth the listen.
Glad you posted this thought provoking blockchain article.
Justr so you know I found your post on @jerrybanfield's discord channel anbout #resteem-request
I appreciate your views and information regarding the events happening around @libertyranger but as you know everything takes time and definately the blockchain technology would be adopted in due course when you see gradual centralization decreasing when many other industries start exploring the power of blockchain.
I don't think any government can ignore blockchain anymore. Suffocating blockchain with regulations will only hurt.