Bitcoin Forum

The freer the market, the freer the people

Do you agree with that? In this community, the 80% of the members would say yes, because bitcoin is a completely liberal currency. I would just like to know if you disagree or agree and why.

In my opinion, if you leave the market free, both good and bad things will happen, but I think that most of them will be bad. You just can't leave them free. Bitcoin, on the other hand, is something different. It's the thing I exclude from this thought, although, we have left it completely free, and we can see the mountains it has created with its price. Something that isn't good for mankind. Again, in my opinion.

At the rate things are going you have free access to doing anything if you have the money for it/are large enough as a company

For example for profit food, pharmaceutical and medical advertising(/propaganda) have an impact on other countries even without those products or even cause issues with how governments inform citizens...

A free market leads to mostly bad things imo, you get rid of a lot of safety the government could legislate against in favour of false advertising and leading to worse practices...

The same stance here, the market should have some form of fair regulation. We have seen how the non-regulated market been exploited by scammers.  We do not have to look far, we can take the cryptocurrency as an example.  Many people had been scammed of their money because of the lack of regulation in this industry.  Projects that intend to scam or projects that are half baked were launched everywhere asking for people's money and since there are no proper guidelines about it nor a regulation to filter this stuff, many investors lost their money to this kind of scheme.

Don't call Bitcoin liberal LOL.

There is no absolute freedom, not in the markets, not among people. Everything is a compromise and the amount of freedom we get is the result of how well we can balance those compromises. Free market in theory is great for personal freedoms but at times it creates some conditions that undermine those freedoms (e.g. monopolies). Then you get government interventions and everything goes to shit. I think it might work better if people were 100% rational and wouldn't make stupid decisions against their own best interest so I'm rooting for AI to take over and pesky humans to become extinct.

Meet halfway there. That would probably be the best type of market out there. Why do you think that after countless centuries we've arrived at an era where the market is basically governed by a body? To ensure fairness and the like, at least, that's what it supposed to be anw. Free market, or heck, freedom for everything is possible if everyone killed their desires. Or even if there's one, if one guy likes this, then the others should also like that.

Also, freedom isn't necessarily a good thing. Sure, it gives us the notion of being able to do whatever you want, but that's the bad thing. You're able to do WHATEVER you want. Even bad things. Get the idea? Freedom is nice and all, but it isn't necessarily the best option to choose.

Absolute freedom, that is, if ever there is indeed such a thing.

In real life, it is more of structured freedom. The same is very true in the market. There is no free market in the strictest sense of the word free, if what you think of the word free is making decisions without any kind of compelling influence from the outside. 

Freedom is actually neutral. The problem lies in that which is free. And in the hands of the ever malicious human beings, freedom would never produce the best of things.

In my opinion, free market represents the ideal and doesn't exist. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority, so "the freer the market, the freer the people", but unregulated market is nothing more than a libertarian daydream.

Very "Austrian" way of approaching things. The problem is, beside Böhm-Bawerk, all representatives of the Austrian School failed in real life. The problem is inherent in the human psyche itself. Even if we seem to have a similar goal with Bitcoin, we all have our own agendas as well and some of them might not fit into the ones from others. That makes the markets unpredictable and need a certain kind of regulation.

What market?The cryptocurrency market or every market in the economy?
If you are talking about the second option I think that market freedom is kinda overrated.
Having a totally free market (by free I mean unregulated) means that it would be easier for the bigger companies to smash the smaller companies and to create a monopoly or a cartel,which means that the market will no longer be free(the cartel/monopoly will smash any competition and close the market for new competitors).
Having moderate regulation by the government is better than having a totally free market with no regulations.
Bitcoin can't be excluded from the market economy.I don't think that BTC is totally free.There are crypto whales and big miners that have a certain level of control and influence over BTC.

The more free the market is, the more human beings are free from community values, the more they want independence without the control of others. And unconsciously money becomes the main center of the market economy community. A free-market economy produces a market culture, produces a culture of the past, then produces a global culture.

The free market economy is the most responsible for the collapse of communal society and the rise of individualism, this causes the breakdown of cultural connections between the millennial generation and previous generations. Global trade focuses on using mass media as a promotional tool and there is media dependence on businesses that produce advertising. In the end, the controlling mass culture because the mass media are free to influence the mind and control their behavior according to the wishes of the market authorities. Everything from values, culture, art becomes a mere commodity and is packaged according to market tastes.

With human greed and never satisfied, free markets are only mythology of the past. For the US, which is a symbol of democracy and free market, finally waving a white flag in defending its title as a free market country, by conducting a trade war with China is a form of concern for countries that are members of the WTO against the onslaught of cheap Chinese products, which initially were of poor quality and now become quality products using high technology.

Simply put democracy & free market only exists in a country's declaration are only a utopia. But in practice it is nothing.

i don't see the connection to free markets. bitcoin's economic policy may be static and non-interventionist but it's just an asset or commodity. its economic policy has no bearing on whether markets are free. that is determined by market interventions, regulations and other barriers to entry, welfare entitlements, subsidies, cronyism......


if you prescribe to a capitalist paradigm, then yes. the austrian school isn't just an economic theory but also a political philosophy that embraces private property, the subjective theory of value, and political individualism.

often forgotten in this conversation are left libertarians---like mutualists and other anarchists---who embrace political individualism and free markets but reject private property and the subjective theory of value. most anarchists would assert that capitalistic markets are not "free markets" at all because they are hierarchical. this is the gist of it:

 And how far can we be able to aim the freer market? It needs to be balance. Whether it is the economic market or crypto market you are referring to. We can't be too complacent that we are freely using it to the most extent that we wanted. That is why governemts are trying to imposw some rules because it might be lead to  uncontrollable market worst situation. We just have to remember that , Not all free are good.

The more people freedom, the greater their morals.
Absolute freedom is something that cannot be achieved, especially in the economy because the rich have enough money and resources to circumvent all restrictions and increase their wealth.
Even the development of legislation and restrictions will not benefit, the most important thing is to teach individuals how to compete, justice and humanity because it will enable society and individuals to place competition between supply and demand more fairly.

If you are saying free in terms of free to buy, free to transact both in unlimited way then I guess yes its a good thought and thats why community is growing these days. Tell you what people literally earn in bitcoin and keep the money as it is so that they need not worry to pay any taxes. They wanna save their margins like that way. With the time bitcoin payment portals will rise and we will see large number of transactions getting made over this portal.

There might be chance this free will spending will attract more customer / users of bitcoin.

For me yes, this free market brings more than enough and keeping myself free from other huddles of using my money.

No. An unrestrained market leads to exploitation, through monopolies, cartels etc. The effect is to constrain freedom by restricting choice. In a capitalist democracy (which is an oxymoron, but never mind), a good government should act as a brake on the excesses of the markets, and work to strike a balance between market behaviour and the wealth, wellbeing and opportunities of the populace.

"The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers. However, a more inclusive definition should include any voluntary economic activity so long as it is not controlled by coercive central authorities." - Source : https://www.investopedia.com/terms/f/freemarket.asp

Do you think Bitcoin is truly FREE based on the above statement? I think it only applies when there are private transactions between buyers and sellers and not when you use third party regulated services. All these KYC/AML is restrictions applied by governments to control people and when this is applied, these transactions are not private and free anymore.  >:( 

i think he was refering to manipulation and not the free the way you describe it on your own definitions  . if no manipulations the more people are going to be free   .  add in the restriction , because when we say manipulation that only means whales controlling the price but restrictions are the one that has been the government doing to some countries  . being free is a good thing but i dont get it why the op does want to avoid it to happen  . luckily it not happen yet  .

There are things that you could consider both free and still controlled by corporations or the government. What I'm talking about is performing transactions with other people, whether it's P2P or with a corporation.

If it's P2P, it's free from any influence of a third-party because it's between the two people. For corporations, it's the same, send Bitcoin and receive a service of some. The difference that you could have is when you convert your BTC to your local currency. That's where banks, exchanges, third-party service providers are at play, and you are no longer completely free.

I guess it depends on what type you are transacting and what you are doing about it. I think this is just a small step to more application of cryptocurrency.

I think the market participants should be free to do what is right. The law suppose to punish those who do wrong. 
But you have to create a good law to make everyone do what is right. Without the good laws/rules & their enforcements, lots of people will derail from what is right even though they want to do what is right.
The good thing is that Bitcoin is built on good basic human rights and principles. There should be some kind of enforcement to prevent those who want to use or build on it from derailing from its main principles. 
You could further create good rules/laws on top of the network that do not go against the principles.

Hope you are aware that there are lots of bad laws in all countries. The CREATOR's moral law  should be our guide to creating good laws/rules.

Who said bitcoin is a liberal thing? Bitcoin could be independent from government, but it is not liberal. Now, you may think Liberalism and liberalism in finance is all about being independent from government, but that is for destruction of governments outreach to peoples jobs, not governments outreach to help people out.

I love bitcoin and the fact that no government would ever be part of it and could never change anything about it, but I also would love a government that has a proper tax, no corruption, and uses 100% of it back to public instead of enriching themselves. So, I am not against regulations and taxes, I am against current governments who do not use this chance properly and make it a personal treasury of their own, but the idea is still decent.

Not necessarily. Actually this might sound a bit communist but in every free market you would see a common phenomena of market being controlled by large cartels in every specific sector. This might not show an explicit control over the market but deep inside entry/exit in that market is absolutely restricted. But I think we should go down this issue a bit more. I think by free markets there are two ideas one is to leave the credit supply in the market un-monitored and unmeasured and let is correct itself. This correction would obviously take a bit of time until when people would suffer. On the other hand govt. injections and leakages in such scenario makes this method a bit more swift.

Second way of seeing free market is that there is no restrictions on entry/exit of companies in any sector/ any country/ any geography/any price. This I think is pretty much necessary if we are looking towards a globalized world. However this kind of freedom you might get from government but the key players of that sectors/ geography would still mandate the whole market.

Bitcoin falls in category 1 and I think that kind of freedom is easily implementable. But people already have this freedom they just get assisted from the government. This assistance would be impossible in case of Bitcoin. Moreover mountains that it has created with it's price were more or less results of over hyped speculation. So I think that it's myth that

I think that a free country desires in some extent a free market. But for most Western Countries where we see a high degree of "free" democracies the are a lot of force trying to change the country into more socialism. A real free market we don't see at all at the moment. Most countries subsidies some sectors while having special taxes on imports. Just looking at the trade wars of the West vs China or Russia, free markets are still a long way to go.

It's more of a bell curve, on one side you have a totally controlled markets which makes people nothing more than slaves to their government, like it was in the USSR or in North Korea. Things like owning a small business or trading on currency markets, or flipping commodities were considered a crime punishable by prison or work camp. Even unemployment was illegal.

But totally free market with zero government intervention aren't good either, this can easily lead to monopolies, poor work workplace standards and lower salaries, no benefits for workers, lower quality goods. People will be theoretically free to do anything they want, but on practice they'll have no choice but to work under horrible conditions and have very little spare time.

Humans from time immemorial have always seek freedom, so everyone seek a decentralized market where no interested parties seek to control, this to me is the best, everyone just get into competition and we have the freedom to buy and sell at our given rate. Where regulation is needed is our daily basic necessities like food, water and housing, the authority must guide against bad actors trying to  fleece on the people.

Demand for this specialty has grown significantly as a result of recent corporate scandals. Everyone wants to do what they want The demand for Bitcoin is much lower than that of Fiat currency, which is controlled by the government. Bitcoin is not controlled by anyone and the price increases depending on the market Everyone can act independently because they are not under anyone's control Everyone works in the free market for exchanges and transactions.

In theory and in principle, I agree. But every time someone talks about free markets and free people, I keep bringing up the point that not all people are equal, with not equal wealth and not equal opportunity. Such is the reason Bitcoin tried to kickstart that opportunity for all people, but of course, those with money are the ones who got to it first.

Bitcoin isn't perfect but we need every now and then some great equalizer to bring everything back down to equal level.

This is what the government thinks .

They cannot let people possess something that might give them the power of free will , but I would like to state some points here :

• Why only 10% Bitcoins and cryptocurrencies are engaged in bad activities ?

• Why are we forgetting that Bitcoins are semi-transparent, one can very easily store all the information online forever , which can be check again by anyone.

•Making the market and people free is not necessarily a bad thing , only 0.7% of people are behind bars , now let's multiply it by 10 because we know how less the real victim gets convicted , then again we will get 7% ! That's less man , other 93% of the people will use this opportunity to fight against the government oppression and Corruption.

•When we are talking about the super high prices , why do you feel that it's not good for us ?
One can always purchase Bitcoins in any fraction possible , therefore it's not like it would be a problem for you or anyone else , it would only help the people who are engaged in Bitcoins since the starting , even traders would be able to take advantage of this opportunity.

•I do believe that it was created not as a form of payment for a little cup of coffee , but rather for the big transactions mainly and investment ofcourse. (Trading is +1 with the volatility)

Well, you're right, that is how it's expected to be. When something is free you're going to see people doing all sort of things with it. In bitcoin you're free to do whatever you want to do, there are those who have decided that they will be using it for bad purposes and there are also those that are using it for good, just because they want some privacy and they like the fact that sending and receiving money internationally will cost them less and will also be quick.

But don't forget that despite this market/community is a free one, it still doesn't mean that those who commit crime with it can't be brought to justice. So, many of them has been brought to justice already. It means market can be free but to keep the basic moral, we must need to obey certain set of rules so that everyone will keep their limit without breaching into others' freedom. In my opinion, people are already enjoying enough freedom regardless of their financial status hence a free market cannot be their most prioritized one.

Better still, it's not centrally controlled, or it is not controlled by one person or bad entities acting against community's good core values or good shared beliefs.

So, the community basically controls it because we are still able to own/control the software and participate in network consensus without restriction. Though I think we should make it easier for everyone to fully participate in  activities in the whole network.

Like anything else, Free market is an idea which is good in moderation and bad in extreme. The free market needs to be bound by the conditions of the community in which it operates. The liberal world order has equated globalization with a free market. A local market can also be a free market sans the effects of globalization.
Obviously, if the market is free, the people are free too. Free to choose what they sell and what they buy, what they like and what they want more. But for this, a cycle of trust and feedback is necessary. When local markets are replaced by conglomerates, this trust and feedback cycle is taken over by virtual, unfeeling, distant customer care. Yet again, it is necessary to allow advances elsewhere to seep towards developing countries slowly, which warrants some form of regulation.

Its a balancing act but yes, we would rather have free markets. Though, not like the USA where a pharmaceutical company making an essential drug like Remdesivir (which it effectively already has monetized earlier), can price it at USD 3000+ for a single patient.

It depends on what you mean by "freedom". Yes the freer the market the freer people are in things like
- opening/running your own business
- product selection
- easier transition from one job to another
but at the same time, you can face problems that are currently solved by antitrust committees in different countries (although they do not cope with the same Disney). I do not believe that the market can be left completely uncontrolled entity, but there are already levels of sufficient freedom that allow you to feel comfortable and not think about not being free.

While being free is good and what we all wanted, there is always a negative side on it as there will be no rules to follow, some will be free to do scam or do bad services and cam ruin the market as a whole. Its good to be free in buying and selling as well in having different investment and payment methods in our own means but some situations really needs to have laws or rules to follow for equality and betterment of the situation. When we begun to be too open in embracing everything sometes we forget that it doesn't really necessary that makes the situation worst.

I think not a good idea either. Just like what have you said, there's always a negative side in such condition. Too much freedom on buying and selling would be unhealthy in a sense that illegal stuff such as drugs, firearms, endangered animals or anything you can found in Black market will now accessible for everyone so easily. What do you think would probably happen if each one of us got our own pistol even let's say just for protection purposes "only"? Bruh you can't talk peace while you have a gun, this lead to chaos for sure. How ironic that freer market do not result to a peaceful living.

On the latter part, I agree on being open for wider variety of payment methods. I don't see anything wrong about it, it actually brings more comfort for the people :).

We need to see a truly free market before we can make a judgement about it as there's never been one and probably never will be.

I expect the US regards itself as a free market but when you take an actual look it's extremely socialistic, but that socialism is reserved for dealings between the government and the corporations, not the people or entities they sell to.

I just follow one rule: if someone promises me "freedom, equality and fraternity" then it means only one thing-an attempt to build a cultural Gulag and take away all the freedoms that already exist and make a person as limited as possible in their rights. If I am promised a "new wonderful world of universal equality" , I immediately remember the book "We" by the russian writer Yevgeny Zamyatin. Well, Orwell's 1984 - who is closer.

Good and bad things have happened in our crypto market. You are right to judge in 2 aspects fairly. That is, traders will be free to trade without having to go through the traders or can arbitrarily transfer money from exchange to exchange easily. we are free, but the price we pay is the manipulations of the whales. when there is no law here, it will be even more powerful.

I agree with your point of view, because a financial market without discipline and law is like a market. indeed, the financial market should not be free, because then the opportunity only for those who have a lot of money and those who have little money will only lose money over time. then there will be no fair and no one wants to participate in any kind of financial market at all.

Free markets are and always have been the tool of the powerful to bludgeon the weak.

How much did India and China benefit from Britain's advocacy of free markets in the with century?

How much did the working poor of any nation in that period?

Or this period, for that matter?

Free markets are a tool of the rich and powerful to keep themselves so, and to make themselves more so. Which is why the richest, what, 1%? Control half of global wealth.

Free trade is not always fair trade. In the free market, fair trade values must be upheld, so there is a meeting point between seller rights and buyer rights. The role of the government (as a supervisory authority) must be emphasized so that a free and fair market system that is free of manipulation and monopoly can run optimally. That way, a fair business system can be created, of course, the government must be fair by being neutral and subject to existing values and rules. The rules must overshadow justice, the rights and interests of all people. Because the allocation and distribution of resources is fair and efficient, they cannot automatically be realized by themselves based on market forces

The absolute free market embraced by liberals and capitalists is the wrong concept of a free market. Freedom is always followed by accountability (humans must be responsible for all their behavior because they have freedom of choice) a simple example of people knowing that illegal logging will cause the effects of floods and landslides. Disposing of waste into rivers whose water is needed by the community to wash and bathe is a wrong thing, but because they want to get the most profit, the values are set aside or forgotten.

Some things that need to be monitored by the government are freedom of market entry, promotion and propaganda arrangements, the prohibition of hoarding goods, regulating trade intermediaries, and price control.

Some regulation is needed because if we did not had that then those business producing goods and services could tell all kind of lies or could sell harmful products, this is especially true when it comes to the food and pharmaceutical industry, however we live in an age in which governments have gone too far and are overregulating not only the economy but every single behaviour of their citizens, as such bitcoin is a response to this to bring more freedom to the people and while we are far away from getting a significant amount of the population to enjoy greater freedom we have taken the first steps to get to that goal.

Some constraints should be pertained without being too authoritarian. Because when the market becomes free, there will be no bias. Frauds can escalate. There is a saying that " if the rope is grabbed too much then it smashes if it is expelled it omits its existence."

Freer market means freer people. More freedom for them to do their crimes. I know people needs to be given freedom, but not everyone is like us. There are people who will start abusing their freedom. We should probably see how badly it is going to affect us when there is no regulation at all. Can people be trusted with total freedom?
Lol, no bitcoin is not a completely liberal currency. It is regulated and usage has restrictions just like normal currency.

What I have come to understand is that there are people who wants to just live their life and do their thing without anybody monitoring every move they make on the net, and the government (not just the government alone) is fond monitoring people unnecessarily on everything, so that causes some people to look for other alternatives that will help them maintain that anonymous life and activity.

Bitcoin and other cryptocurrencies is like an answer to that problem, but unfortunately there are those who wants to make use of it for the wrong purpose. Because of that, people can’t be hundred percent, if we are free to do whatever we want, without anyone keeping an eye on what we are doing, then people are going to do a lot of crazy stuffs and go free.

You are right on what you have said when it comes into that total or completely freedom where people doesnt have similar minds yet there would always be someone who do really abuse this freedom for their
own benefit.

Yes, bitcoin did really give out such thing but as you mentioned it isnt really that totally free yet regulations and restrictions can still be applied, might not be totally but its still there.

It does have pros and cons though but having this is much more better rather than having nothing at all.

I am one of those who do not agree to give 100% freedom to humans, because a life that is too free will have its consequences chaos.
Indeed freedom is fun for everyone, but it will make people uncontrollable and do whatever they want. Therefore, every country must
have its own rules. The same thing as the market is not good if given freedom, there must be rules governing it.

It's not good to see people experience losing their money just because there are no regulations in the market. Sometimes, we dream to live freely without those strict regulations but if we think it deeply, a government without proper rules and regulations would only mean chaos and definitely not organized. So same with this crypto market, it would be more smooth ceiling if there are rules and regulation that would be strictly imposed so that scammers won't have the chance to fool the people.

But having central authority will defeat the purpose of the mission of crypto. So the responsibility is left to crypto users, how they will use this freedom and how they will act on every potential investment catered to them. Scammers will always be there even before crypto was born. But now, they are getting aggressive as they can operate freely without disclosing their identities. Crypto users should know how to identify between a legit and fake project. There are so many warning signals how to know one like project using fake identities, plagiarized whitepapers, ponzi scheme strategy and others.

Bitcoin may be decentralized but I don't think you should call it liberal. It is true that we can do things with it, we can take advantage of the decentralization and the pseudo-anonymity of it but without order, there will be chaos and to be able to do that we need a set of standards, rules that needs to be followed and that is not being free.

I do believe that if market will be free - a lot of mistakes will be made, however after some time most of people will understand what they need to do in order to use free market without being scammed/losing own funds.
But until market is free most of our society won't even bother themselves to learn such things.
Thus being said - freer the market, freer the people. Sounds delightful, but in reality free market would be hard to live with.

indeed freedom can be abused, but at least more people will use it for the good than for the bad.
The usage is unlimited you can send it anytime and as many times as you want as long as there is an internet connection.
while money has a daily tranfers limit.

I believe that mistakes with always we made. Humans are lot perfect, so it's in our nature to do mistakes but we also have the ability to learn from them. In a centralised regulated economy we will see also big mistakes, these mistakes are usually not covered by individuals but by the hole population. In a free market people are free to make their own mistakes but have to live with them. On the other hand the upside potential is much higher in a free market, everyone can get rich. Where as in a regulated market only the government and its close allies get rich.

Free markets or free trade do have advantages for the economic actors involved. However, many countries are still classified as developing countries, so it is clear that the parties that benefit most from the existence of free markets are developed countries. So that the existence of free markets does not prosper people in developing countries and poor countries. The free market is used by developed countries to penetrate the market and dominate developing countries and poor countries.

Economic liberalization that eliminates the role and responsibility of the government in the economic sector then leaves everything to individuals and market mechanisms. This causes the dangers to be obtained because this policy will weaken the domestic economy and drive the wealth of developing countries to developed countries. The free market promises wider opportunities but in fact, the free market is used as an avenue for exploitation and oppression.

The market has no soul. It can do good or wrong depends on the people using it. The ideal free market assumed individuals have no morality problem, and the ideal command market thought that the leaders have no morality problem.

It is correct the free market will promote freedom, but some will misuse the liberty to do profiteering. Hence, it needs everyone to be bounded by morality or have a mechanism to enforce the rule.

You are right. The market needs to have rules or boundaries for every person involved in that market to avoid scammed or losing their funds. Maybe the free market means people can choose where they want to buy and sell, and where they want to export or import it. So even if it is a free market or not, people still need regulation to control the market situations, so everything can be managed without having a problem.

The free market is how affiliate companies interact with each other private institutions almost all for-profit are socialist internally. Government entities tend to interact internally with each other and with private entities in a pre-civilized manner based on power rather than mutual benefit or even socialist collectivism. Due to the free market the demand for the market in developing countries increases and improves. In the case of transactions compensation is paid rather than making more decisions than should be achieved and is determined by those with political power.

The more free the market, the more manipulation, and injustice. Everyone wants many benefits from their side and defies danger to others. Man too free will lead to immorality.


Bitcoin only helps people escape government and fight inflation. The essence of bitcoin is still to follow the rules of the blockchain in itself.
Bitcoin belongs to the community and the community that governs it. Freedom is in your thinking. Remember that there are laws everywhere.

I don't mind being free.

Do things I wanted to do, go to places I wanted to go, and so on but I don't think that it will be that great if there is too much freedom. This freedom might lead to more chaos since people would do things they wanted to without thinking about the consequences of it to him and the other people. Bitcoin is great the way it is now, we just need adoption that is just it.

Well not really per se. Because if we look at the traditional markets when you remove regulations that means companies usually do more risky stuff and they do stuff that would make them richer while not really caring about the general public. For example, if you let oil companies unregulated and do nothing about it, they are idiots enough that (which they are already right now with regulations) they wouldn't mind making the world an apocalypse type of situation and how it could totally ruin the whole earth and destroy it and not leave us anywhere to live and climate change reaching to a point where everywhere is both drowned in rising sea levels and everywhere else left would be burning... just for a quick 5 year profit for themselves. So regulation is a must to prevent bad stuff.

Why do you think that a free market means bad things will happen?  I think the United States has proved that this statement isnt true.  A free market in theory could have implications of potential for abuse, and "bad things happening" like you've stated.  That said, those things can be "ironed" out by societies over time.  There is nothing humane about a communist society.  No one should be controlling everything.  History has proven that this type of market is not more economically viable. 

You can't really compare a free market and bitcoin..doesn't really make sense in doing so.

Freer market means freer people.
Have we had truly free markets?  I'm not sure that where there has been a purely free market, and if there was, what was result?
There is a range of freedoms, in different markets.
Those countries with extreme totalitarian control do not even bestow on their citizens true property rights, meaning that assets can be seized as needed by the state.
Then we have the flip side, with those more "free" economies, where those corporations who gain more and more capital and success, also accumulate more and more power, which can be used for lobbying and thereby stacking the odds in their favor in the markets.
So... does a more free market lead to less freedoms as those who accumulate more powers take advantage of those?
It would seem what need here is a balance.
The great thing that cannot be stopped is human innovation, which keeps generating more and more freedom, for more and more people around the world.

If it's just about the freer the market is, the freer people are then the answer is yes. But, does this free market dominate the world market? I don't think so, because the government will definitely oppose this free market to continue to grow and develop, and although the free market can still operate but still, at least its freedom will still be limited and will not fully dominate.

I don't agree with allowing the free market, because not everyone has the ability to identify legitimate and fake projects.
And the freedom in the crypto market is sure to be taken advantage of by many scammers, this will be very dangerous
for the future of cryptocurrency. Indeed, there should be rules that limit freedom in the crypto market.

We don't need the crypto market should dominate the world at all because which also will make the cryptos not usable as currency.Maybe some government will support the decentralized market since cryptos already got regulations in some countries which will dictate other parts of the world to follow the same.