and that is exazctly what they're doing

multiple competing options

yeah, but will people who don't want to be lawbreakers use crypto that is "unauthorized"?

and soon decentralized exchanges = govs can no longer regulate it

right

i would.

you would, but then you're woke

people smoke pot and pirate movies. probably will still happen, anyone who wants to be free

would your neighbor?

tho i do think it needs an internal regulation of sorts

yeah but that's still the "silent minority"

competition IS the regulator

the whole point of BTC was that the algorithm was the regulation

competition and cooperation both imo

it was inherent, built in, like nature...or at least supposed to be

birds get together in flocks

there must be a reason for cooperation

well the big banksters got together and regulated the Federal Reserve Note as the defeacto currency

but there isnt only 1 flock

there must be a reason for competition

you got more money than them to buy them out and end their influence?

its a balance, prescribed to the system it is regulating

sure sure, but what i'm saying is that the challenge will be overcoming the perception that the current federal government/federal reserve should have a monopoly on the currency

all of us here can easily be convinced of the utility of one cryptocurrency or another, that's not the point

we aren't the target audience

the target audience is still everyone that is not on this channel

that's kind of a lot

potential Internet laws could be a culprit to Cryptos?

or Digital laws, if that is a thing.

"be a culprit"?

i don't understand what you mean

sorry meaning a potential downfall for cryptos

laws could be the culprit

detriment

yes

any laws can be a downfall to cryptos, it's the perception of the validity of those laws that matters

and if u can enforce them

think of piracy of video content in the 90s

sure...it was illegal

it just got pushed underground

but so what