At the very least, what I believe at is for the whole creyptocurrency market to have a one whole regulating body that will screen or completely remove illegal schemes and scams in the market.
Right, and let's call this regulating body the government. Are you kidding me? This is against all principles on which Bitcoin was built, which is to take power from financial institutions and governments and give it to ordinary citizens. You people are scared of a few scams and you run back to government daddy already, asking to regulate the hell out of everything crypto.
This is an open permissionless system. If you need to give someone the power to censor and roll back things, use fiat and banking system. Or EOS.
The key to eliminating scams is to get the whole community more educated and develop more security features, not centralizing the power in someone's hands.
