Vitalik Buterin: “Regulation of the crypto industry in the USA is anarcho-tyranny”

But projects that provide investors with all the information about their rights and tokenomics attract the attention of regulatory officials, who begin prosecution: “Projects with vague promises of potential earnings are left unattended, while honest and transparent projects are immediately classified as securities. This situation can be called anarcho-tyranny.”

To solve the problem, the co-founder of Ethereum believes, joint constructive interaction between government officials and the cryptocurrency industry is necessary. In this case, according to the programmer, projects will be able to work without undue pressure from controllers, and issuing tokens without a clear and long-term strategy will be pointless and risky. Earlier, Vitalik Buterin explained how meme coins can find practical use in everyday life.