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RE: Incentive-based regulation - Blockchain opens up a new era of European integration

Political action is extremely complicated in democratic countries (unlike authoritarian ones). Politicians say what they would like to do, in an ideal world (if there were no vested interests to get in the way).

The resulting action is bound to fall short of expectations and disappoint. It doesn't necessarily mean that the politicians were lying (though they do so too, some of the time), it just means that there were forces which didn't advertise their opposition yet still tried to counter the advertised action.