No, I understand why investors want legal guarantees. Actually, the endorsement and legal guidelines by the government for crypto would send its price soaring.
Being decentralized means no single party controls it, and thusly no single party can debase it or prevent its distribution. You need to understand why gold is still used as a store of value, and the role of government bonds as safe havens in the modern economy.
You have trust in a system because it works (for you) now, but you're not looking far enough into the future, and you're not weighting risk appropriately.
Crypto isn't just about sending money or making money. This is a completely new "thing", and part of the way its used is redefining what money actually is, based on programmatic protocols, consensus algorithms, etc.
Being decentralized means no single party controls it, and thusly no single party can debase it or prevent its distribution. You need to understand why gold is still used as a store of value, and the role of government bonds as safe havens in the modern economy.
You have trust in a system because it works (for you) now, but you're not looking far enough into the future, and you're not weighting risk appropriately.
Crypto isn't just about sending money or making money. This is a completely new "thing", and part of the way its used is redefining what money actually is, based on programmatic protocols, consensus algorithms, etc.