However regulators, working off the previous pre-crypto playbook for holding monetary entities in line, instinctively need somebody or some entity to be held accountable. Meaning they’ll find yourself favoring the formation of centralized, trusted third events, the very supply of danger, corruption, value and dependency that cryptocurrency builders have traditionally sought to interchange. If that occurs, it will set the trade up for a similar “too large to fail” issues that led to the Wall Avenue collapse of 2008.
