[cycomanic]

Are you proposing we regulate crypto like realty? That's the thing about all these arguments, crypto proponents want all the advantages of one system, but when it comes to the "disadvantages" suddenly crypto is something completely different.

[polygamous_bat]

Different incarnations of "privatize the gain, socialize the losses". Coinbase became the company it is today because they have the first mover's advantage in an unclear regulatory landscape, and it pulled in profits only because of that regulatory arbitrage. Now they are turning around and playing victim of the same regulatory landscape that made them what they are today.