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Governments can regulate at the edge:

- regulate electricity consumption

- regulate bank accepting crypto-related money

- regulate exchanges listing Bitcoin or other crypto-currencies, etc



This is why distributed exchanges and DeFi are important, as they eliminate the last two problems.


I wasn't listing problems but ways governments can regulate crypto-currencies even if the network itself is out of reach.

I'm myself in favor of cryptocurrencies (though, definitely not Bitcoin) AND for some level of regulation.




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