Ryan

As it turns out, crypto being regulated and supported by governments might be a better outcome than running away from them. Years of decentralization theatrics, not your keys, not your crypto, hardware wallets, governance, etc mean very little when customers / businesses keep losing money to hackers / scammers. Being able to freeze hacked or stolen funds, recover assets, reverse txns and protect customers should be a feature, not something that goes against cryptos ethos. Obv a fine line between government overreach vs pure decentralization At the end of the day, every time someone loses money, we risk losing that user forever. And the more users we churn, the lower the chances of crypto actually succeeding. Decentralization still matters, but we likely spent too much time optimizing for it, e.g like thorchain or Tornado Cash, where bad actors can take far more advantage of permissionless infra vs the avg user While we spent far less time optimizing for customer centric features like trust, safety, fraud prevention, and recovery, which are arguably far more important for mass adoption.