Yet after over a decade, the government explicitly did not regulate crypto despite significant overtures from the industry. Nothing other than enforcement actions, until very recently.
This, to me, implies that the government does not want to regulate it proactively because they don’t want to legitimize it.
The desire for more. To have more than others, is a key problem that generates unhealthy politics. Unhealthy foreign policy towards other countries. In your pursuit of being first in everything. Being first in everything, preventing the development of other countries, holding onto technologies for yourself. You create an imbalance. You create an imbalance in the global economy, in politics, in the social sphere, and in the social environment.
Isn't there an alternative to having sustainable development? Built on the principles of mutual support and focused not on dominance, but on collaboration between peaceful states. Between peaceful states.
There’s no world govt or global authority. Every country must look after its own interests.
Having every country cooperate requires trusting some entity as a global enforcer, one that wont abuse their unchecked power. Obviously, america has played this role since ww2 but not without plenty of mistakes and oversights.
We as humans haven’t found an alternative to this yet.