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Imagine a regulatory sweep targeting: memecoins, leveraged derivatives, prediction markets, plus OnlyFans, Instagram, Uber Eats and DoorDash. Sounds tough, right?
Here's the real question: would society actually improve? Or are we just fooling ourselves?
Think about it—banning perpetuals and leverage kills risk management tools along with the speculation. Memecoins vanish, sure, but so does retail engagement in crypto. Prediction markets get axed, yet forecasting accuracy takes a hit. Meanwhile, OnlyFans and Instagram restrictions? DoorDash and Uber Eats controls? You're talking about disrupting entire economic ecosystems.
The trade-offs are brutal. Protection comes at the cost of freedom and innovation. Is that really a better world, or just a different flavor of problems? Worth asking before we celebrate the crackdown.