I argue there is no need for regulation and we just need pure capitalism. Without a government, companies made of people with guns would emerge punishing scamm

I argue there is no need for regulation and we just need pure capitalism. Without a government, companies made of people with guns would emerge punishing scammers and criminals in general, advising companies and reputation systems would emerge protecting people from scams. Due to the nature of entrepreneurship, all these companies could be held in check by competitors. Without regulation slowing down new competitors, if a cartel emerges, there would be a great incentive for a better alternative coming up and making money. You may argue the systems of companies providing these services would make a sort of government - and you would be right. It would just be more decentralised and therefore there would be less space for corruption. You also wouldn't force people to pay you a part of their profit or they go to jail and you wouldn't force people to avoid certain substances or limit what activities thay may be doing. You can at best say: "If you don't pay a protecion agency, you won't have protection against criminals / foreign invaders", "You may take this drug but this recommendation company suggest it's bad for you". I'd rather live in a free society, a society where I'm free to even damage myself, than in the regulated prison we live in today.