I don’t see how this system is obviously worse. Relying on a government that changes every 4 years, who are incompetent at almost everything (just take a look a

I don’t see how this system is obviously worse. Relying on a government that changes every 4 years, who are incompetent at almost everything (just take a look at the social media hearing in Congress), to police extremely complex and fast moving new markets? Is that really better than letting money hungry lawyers put together class action lawsuits related to actual damages? I just don’t see how it’s obvious that one is better than the other.