From a physical or a regulatory perspective, any of those second-order systems are going to be subject to the same money-transmitting laws in place across the w

From a physical or a regulatory perspective, any of those second-order systems are going to be subject to the same money-transmitting laws in place across the world. So you can reimplement the existing money-moving tools with no significant benefits to anybody except the creators of the money-moving tools, who can take a vig instead of a bank or Visa. Let's burn the planet down for that, hell yeah.