without some sort of buy-in by regulators, it's unlikely to scale or have the mainstream impact that the Internet did.
Maybe I'm understanding "buy-in" wrong, but this statement seems to contradict to following points.
I believe it's possible that over-regulation could cause Bitcoin or the blockchain to never achieve its full potential and remain a feature of the side-economy
What helped make the Internet successful was the lack of regulation and the generally inclusive and permissionless nature of innovation.
What exactly do you mean by "buy-in by regulators" and why do you think it's required when Bitcoin was designed for circumvent regulation?
sirkent3 karma
Maybe I'm understanding "buy-in" wrong, but this statement seems to contradict to following points.
What exactly do you mean by "buy-in by regulators" and why do you think it's required when Bitcoin was designed for circumvent regulation?
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