Regulation in many areas of public and private life are essential because we as humans are unable to succeed in agreeing what is best. Therefore we band together and decide as collectives what is best for most. Regulations on food, pollution, building standards, you name it. Common currencies need regulations as well and even though BTC is not determined to be a common fiat currency by our government that does not mean that it should not be regulated. Personal property is regulated, stocks, housing, firearms, exotic pets, etc.
I am proud to participate in my society and be a part of the collective and pay my fair share to support reasonable, just and needed regulations in our lives. To support schools, roads, military, government, and all of the things that go into a healthy and functioning society.
Yes, BTC and alt coins will eventually be more regulated. And? That is reasonable and necessary. It is not happening quickly, there is no panic, but we are not a utopian society, yet.
George D. Greenberg, Esq.
www.attorneybitcoin.com