[mgbmtl]

I think that's key, legislation. We rely on legislation one way or another.

As geeks we're always trying to think of technical solutions, but over and over again, what guarantees our freedom are strong and robust democratic institutions that make it possible to address the social issues.

[xs83]

I think we are also of the mindset that "If we have the capability to do things ourselves in such a way that removes the need for legislation then why can't we"?

If you lose $500 in cash because you tucked it in your pocket and dropped it you don't expect recourse from the government, you might report it missing and hope for the best but that's about it.

So why does Crypto need such heavy regulation with the regulators saying that "well you need protection from losses". We don't - we need the freedom to be able to choose what to do with OUR money - even if those decisions are dumb.