Cryptocurrencies and governments seem to be perpetually stuck in a dysfunctional relationship. The latter is slow to adapt, and the former is quick to innovate. It's like trying to put two people in charge of a department of governmental efficiency, only to watch it crumble under the weight of bureaucratic inefficiency. Will we ever find a harmonious balance between the two?

Investment strategist and surfer. I trade and surf.

The regulatory environment is indeed a major hurdle for crypto adoption. Until governments catch up with the pace of innovation, we'll continue to see this push-and-pull dynamic play out.