NEO founder: Blockchains are over regulated



About the Weekly Crypto News category

I agree. I am all for regulating fiat<>crypto exchanges. At the end of the day, the govt issued fiat and its only use is derived from government backing. Cryptocurrencies, however, are simply crystallized mathematics, and they do not need any regulation in order to be functional. We are building our technology to ensure that people have access to this mathematical foundation without “trusted” intermediaries and to demonstrate that no matter what you’re being fed on TV you are still capable to be free and independent in your decision making.

The two systems (fiat and crypto) should coexist, and with time the market will decide which way of using money is better for our civilization.