I'm personally not a big fan of regulation but I think the regulators are coming, and they're going to be coming strong! For the most part I think they've sat back and watched, took notes, built cases, and soon a lot of the blatant scammers in the industry are going to be in a world of hurt. Frankly, I think this whole cryptocurrency scene took the regulators by surprise, and they didn't really know how to handle it. Now with Bitconnect, and this situation with Tether, Wall St getting involved, they have no choice but to get involved whether the community wants them to or not.

Great post this will be added to tonights Daily Dood posted after 12 midnight EST under the Memes Of Steemit section :)