You are having what is known as cognitive dissonance. Crypto = FREE FROM THE MAN Regulated crypto = ???? lol
There are two kinds of smart, book smart (quants have this in spades) and common sense smarts (it's probably worse in quants than the general population).
Interesting, I just found out there was also a second Enron movie/documentary made: The Crooked E - The Unshredded Truth About Enron (2003)
Chanos couldn't figure it out either, so he shorted the fuckers while Wall Street kept pumping them up... Turned out to be a great trade! He looked like a genius after that (for a while). A lot of people think Chanos has gone off his rocker these days because of his failed short in Tesla, and now is shorting COIN. But to be honest, if COIN doesn't find a way to stay profitable with lower fees, then Coinbase is doomed, even though for the time-being the financial statements easily fool a lot of millennial investors.
Regulations are coming and it will bring a wall of money to the Bitcoin and cryptos ecosystem Stop trying to be a criminal with your fascination of Monero. Pay taxes. Don't go to jail and ruin your life. It's not worth it These guys are super duper smart. Listen to these guys explain it eloquently
I just find it hilarious that people throw out their ideals when it comes to money. If you guys are as shortsighted as "yeah make bitcoin legal I don't care if zero privacy" then I'm not sure what you gain aside from avoiding the fed printer in a volatile asset. Though I suppose a formal framework for private currencies could be a good thing.