[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.