Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’

The Ethereum co-founder says we’d all be better off with either anarchy or tyranny but not both.

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Ethereum’s outspoken co-founder, Vitalik Buterin, recently expressed his frustration over the current state of cryptocurrency regulation and offered up a surefire solution to the problem.

Responding to a user on Warpcast, a social media platform built on the Farcaster protocol, Buterin described a situation where current regulatory efforts have essentially painted good-faith cryptocurrency developers into a corner:

On the anarchy side of things, there appears to be no end to the glut of bad actors, scammers, and baseless hypesters proliferating on social media and sharing platforms.

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