It is not a bad argument, but 'we' seem to be disagreeing a lot lately. I am not assuming you are from US, but I am going to use US as an example. The polarizat

It is not a bad argument, but 'we' seem to be disagreeing a lot lately. I am not assuming you are from US, but I am going to use US as an example. The polarization is at a point where just about every major issues is split 50/50. And this does not even begin to touch as to whether US political class actually represents the needs/demands/whatever you want to call it of its electorate. So yeah, you are not wrong about the general framework, but do you think drafting such a law right now would be..hmm.. palatable to the general populace. After all, consent of the governed is a thing. And as for crypto specifically.. well.. the time to squash it has long passed. There is people with real money in it now. The best you can hope for is regulation.