3min chapter

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100 - How to Survive in Crypto | Cobie

Bankless

CHAPTER

Decentralization and Regulation Are Oil and Water, Right?

The concept of decentralization and regulation are oil and water. You can't have decentralization if you also have regulation. Regulation is kind of a centralizing force anyways, because then you start playing the game of who can navigate the regulatory waters better than others. I find it hard to see a path of that actually becoming de centralized, especially with delegated proof of stake where so much inflation stays in the hands of the people that already had the capital first.

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