This is the Kato Daily Podcast for Saturday, January 13th, 2018.

I'm Kila Brown.

With cryptocurrency's hitting all-time highs and now earning a frenzy in the marketplace, the regulators is We talked about what regulators might want and how cryptocurrency networks make it difficult if not impossible to regulate easily

Since Bitcoin, etherealium, light coin, ripple, and a whole bunch of other coins, Doge coin, have hit these really high market

caps, almost unbelievable amounts of money that is invested in these

cryptocurrencies. There is renewed interest in regulation, but the underlying

networks for these currencies can a lot of them be regulated at all?

Depends what you mean by regulated, right?

So no, I mean if you think about it, these networks in effect are an attempt at regulation without human institutions right so if you think about it there is a limit on how many

Bitcoin can be minted and this is enforced not through some institution keeping a

promise but through the actual code and the cryptography itself. So no the network

is regulated through the code and because these are decentralized networks

that do not have any sort of central operator, there's no Bitcoin company, there's no light coin

building or president, right?

But because there's no central place where you can go and attach regulation,

it's really difficult for a government to regulate the network per se.

That said, there are many points of control,

and these would be the different service providers

that provide services to consumers

on using the networks.

In a way, even the service providers, there are certain promises to customers that they

can't credibly make just based on how these networks have arisen and what their natures are.

...