๐ฃ Vitalik Buterin, Ethereum's co-founder, is not a fan of the current crypto regulation scene, especially in the US. He's calling out the "anarcho-tyranny" that seems to favor vague promises over clear, long-term project viability. ๐ค
He's advocating for measures like limiting leverage, mandatory audits, transparency, and even knowledge tests to weed out the bad apples. ๐๐
Buterin believes that effective regulation requires a joint effort from both regulators and the industry. He argues that clear regulatory guidelines could reduce risks associated with speculative investments and foster a more stable environment for innovation. ๐
What do you think? Is Buterin on point or off the mark? Let's hash it out in the comments! #DeFi #CryptoRegulation #Ethereum