Crypto at the end of the day aren't a real investment it's a bubbly speculative market just like MLM & BBB.

Saying why one country can do it doesn't mean another can afford to do so.

Even tongsan banned it while Murican allowed it.

https://www.google.com/url?sa=t&source=web&...vznFzj0rbOmDVaI

That's basically why we form government to regulate stuff so it won't be a wild wild west like internet used to be.

Also besides china the abilities for a government to regulate something depends entirely on the citizens will whether or not such a thing should be regulated.

On some country people 5hink You can't just give everyone a pistol and ask them nicely not to be a dick. While in another, anyone who get shot by one is their own fault for not having a pistol in the first place.

The birokrasi mostly work

It's the top supposedly civilian representative politikus is often the problem

It's the minister who decided to give monopoly to his buddy buddy. Not the 10 gomen department.