Thanks for starting a discussion about this very important topic... As you said, the idea and the purpose of the blockchain and cryptocurrencies was to skip the middle man, but it is much more than that... Even if there are no regulations (which in my opinion is good), the crypto markets will find their way to be fair... Maybe it will need more time, but it will eventually happen...
And regarding governments in "helping" something to be better... Hmmm... Maybe there are examples of that, but usually, with interfering, we usually get worse results...
the absence of regulatory bodies or the lack of centralization in the governance of blockchain projects is some of the characteristics that keep orthodox investors
Cryptocurrencies are revolutionary different and I think that we should do an opposite thing than always... It's time to change the "orthodox investors" mindset and not crypto... We have to start thinking OUT of the BOX...
I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post!
I share your opinion friend @ ph1102, hence I consider that the system should be self-regulating, decentralized projects should be established (in fact, already under development) to meet that need.
I am one of those who believe that governments have a role to play within the development of societies, but they are the same rulers who attribute more prominence than they should many times "stifling" the development of individuals.
Thank you very much for your valuable opinion and for the mention in the @ourpick project, very grateful for that. !!!
Have a beautiful weekend