Yeah, I do agree that it is antithetical to Satoshi Nakamoto's original plan for Bitcoin, but at the same time, some of Bitcoin's key traits are today's altcoin's innovative inspiration.
These traits that were seen as wonderful to those who craved for something decentralized are now faced with issues of scalability as more users join the Bitcoin Gold Rush; therefore, Nakamoto's intentions are short-sighted.
Who would've known that Bitcoin would grow so much and so fast? Who would have known that digital currencies, in general, are taking the financial industry upon its heads?
I'm not advocating full regulation into every aspect of crypto, but definitely more regulations to prevent illegal activities. If the federal government intends to play with this new technology in the years to come, I would like for those who are looking to innovate in this industry to play with the regulators.
Let me make this clear: No one group of people should hold the power to manipulate markets, and no one group has that power, but when it comes to decentralization or regulation, I think there needs to be some middle-ground.
If there isn't, then our investments might be even more at stake. If there were no regulations, then more crimes would be facilitated by this technology, which would eventually be traced and put to a stop.
So the next time you see someone bagging on regulations, just keep in mind how you can interpret the news to your advantage and know that it's actually best for the long-term.
And as a parting message: keep calm and hodl long.