This interesting research by the Bruno Leoni Institute makes one think a lot about the regulation of an industry. It shows that the cost per GB in Italy is practically the lowest in the whole of Europe. This may seem at first glance to be good news for us customers; in fact, we have taken advantage of the overcrowding of new telephone operators, whether mobile or virtual, waging war amongst themselves for the lowest price in order to take the classic ‘change of operator’ accordingly.
But at the same time it has been estimated that the entire TLC sector has lost something like 14 billion in revenues. Is this therefore good news? If we take a second look, it seems not, if we consider the growth in available services and infrastructure.
Not only that, but in the long run there is a real disruption of investment in the sector.
This means that initiating crypto regulations is crucial for future growth, it may seem like a trivial concept but the TLC case is the perfect example to represent what is happening to the crypto world. Rules change, they may seem stringent and they may increase fear, but they will make possible not only development but also a land of opportunity, for everyone.
After all, if we think about the ‘internet case’: would we really have preferred to continue downloading music and videos from peer-to-peer programmes with poor quality and privacy risks, or to buy products on the internet with zero return policies?
Clearly, overly stringent regulation is also a reflection of the same problem, but building a safer path, rightly regulated and aware above all of the masses that are part of it from the start, is the best approach for the healthy growth of an industry.
