The phrase "First they laugh at you, then they ridicule you, then they fight you, then you win" is often attributed to Mahatma Gandhi. Nevertheless, the sentiment behind the quote is widely recognized as a classic pattern that innovators often face when i

I believe we are at the 'Then they fight you stage´, the resistance to the idea becomes more organized and vocal. Critics may begin to actively campaign against the idea, spreading misinformation or presenting alternative viewpoints.

Regulators around the world are grappling with how to balance the need for oversight with the need to foster innovation in the cryptocurrency space. Some countries, like Japan and South Korea, have adopted a relatively hands-off approach, while others, like China and the USA, have taken a more heavy-handed approach.

Like Goldman Gensler and co. In general, the trend towards greater regulatory oversight of cryptocurrency is likely to continue, as governments seek to protect their citizens and prevent criminal activity. While some may view this as a threat to the freedom and decentralization of cryptocurrencies, others see it as a necessary step to ensure their long-term viability and widespread adoption. Ultimately, the impact of regulatory oversight will depend on the specific measures adopted and how they are implemented.