On @keiserreport Max continuously reiterates your point b/c people don't seem to get it, and I have to agree: Bitcoin is self-regulating. In my opinion that does not mean there shouldn't be or is no need for regulation in the crypto space. I think it could be a two way street, regulations in opposition, like a separation of powers.
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I guess in the future automation will prevail. Software and any other computer programs will eventually be the regulation itself. Robots/machines will replace humans.
I hope not.
Hope and pray.