I didn't mean to use growing pains as an excuse for Mt. Gox. What should come about because of this is more focus on decentralized exchanges, seeing as this was

I didn't mean to use growing pains as an excuse for Mt. Gox. What should come about because of this is more focus on decentralized exchanges, seeing as this was a painful example of the problems we still face with centralized exchanges. We're now seeing more decentralized exchanges coming into existence for this very reason, there are a lot of drawbacks to centralization when it comes to wealth, and all of those are felt by the people/customers and not the institutions. And they are the ones who can afford to make the rules and pay off politicans to make sure it doesn't change. You say there's a tendency to blindly idealize decentralization, but are you sure you're not missing all the very real drawbacks to centralization by taking that position? I'm just saying, before we leap to regulations that will take decades to roll back when we actually understand what this crypto space is all about, maybe we can improve on what we have and take a different route. Which is what bitcoin, ethereum, and now the third generation crypto projects are trying to do. Incremental improvements are the only way to explore this new frontier, not regulating the shit out of it from the very beginning.