Regulatory intervention:
Regulating behavior and ensuring transparency through the development of laws and guidelines can contribute to the healthy development of the industry. However, because cryptocurrencies are globalized and not subject to a single jurisdiction, achieving effective global regulation is nearly impossible. Moreover, regulation is beyond our direct control, and even if we could push for it, implementation would remain insecure and potentially detrimental to the industry. Therefore, while appropriate regulation may help address misaligned incentives, we cannot rely solely on regulation in the short to medium term.