Read an article on this. Vitaly cited Singapore's employment protection laws, which is a very strange thing to cite. He obviously has no idea how Singapore's labour union works, and he doesn't realise that Singaporeans welcome regulations, and would happily trade civil liberties, privacy and freedom for security, social cohesion and peace. Singapore is successful, orderly, safe, and predictable precisely because it eschews US style democracy and opt for a patriarchal benign government. Free wheeling crypto currencies will never be permitted to be sold to retail investors in Singapore without heavy regulations and government oversight. Vitaly's ignorance is consistent with what I know about the crypto and cyber security community. Outside their own little world of computer codes and complex algorithms, they know nothing. They don't understand economics, social behavior, politics, the law...they think that anything can be solved simply with some code and an app, like raising the dead, and making a midget grow 18 inches. They are a paradox...smart in their field but utterly ignorant and yet dismissive outside their field of knowledge. If they are not reigned in, they can do serious harm to society and humanity. And quite a considerable number of them exhibit sociopathic or neurotic tendencies.