Hi @jaunmolina,

Very nice and detailed article. I do believe we disagree on the issue, but I liked reading the information.

I think it is great that Switzerland is proactive in supporting cryptocurrency adoption. However, I do have to say that decentralization is key, which means that the blockchain needs to stand alone separate of any company. This way, while the company can be hurt the blockchain is not, and this will take the incentives away from governments to put pressure on companies.

Ultimately, when people create a software they should just take an early share as their profits and give the network to the world to use however they want to use it. This allows for true decentralization, and without that decentralization the blockchain is nothing more than a buzz word.

In fact, I would go so far as to say that when a blockchain claims to be decentralized but is not, it constitutes a scam. Private blockchains make no sense, that's just 1000x less efficient database with a coin attached to it...

All that said, what is great about government regulations like the SEC is that when they hunt down ICOs that are not decentralized it scares all the projects. This benefits everyone, because it will make people develop truly decentralized systems so that they don't suffer the wrath of the SEC. Ironically, the SEC's aggression against centralized projects is enforcing that projects are in fact decentralized, thus insuring a more decentralized future.