RE: The Danger of crypto overregulation

From an economic and political perspective, excessive regulation can stifle innovation and limit the mass adoption of emerging technologies such as cryptocurrencies. While it is essential to have certain regulations in place to protect consumers and maintain market integrity, it is equally vital to ensure that these regulations are not so restrictive that they impede growth and innovation. Cryptos, at its core, represents a decentralization of financial power. However, as you do, I believe an excessive regulation could re-centralize this power, contradicting the fundamental purpose of crypto.