Too many actors are pushing for regulation and this process is at the very developing stage.
And it has happened because at the stage of discussion there were no voices of those who defended #bitcoin.
What I try to do to build solidarity circle of bitcoiners and activists to educate legislators and regulators in democracies to slow or minimize draconian regulation approach.
Most of legislators were not aware that the laws they adopted made banking/financial data absolutely exposed to the abuses of dictatorships. And it is not something theoretical: I and many activists, our families paid a huge price for that mistake.
And I ask one simple question to them: give me just one instrument which will replace p2p bitcoin transactions and mixers as a privacy measure to defend my and other activists rights to fundraise and support/transfer money in a safe way for politically repressed people in dictatorships.
So what I hear in response? Regulators and legislators don’t have answers even to protect right now the traditional financial institutions. So this discussion is very effective.