Benjamin Franklin once said: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." That quote often comes up in the context of new technology.
The only way for any service or good to attain free market value, is for it to be traded in a truly free market.
No matter how limited governmental regulation - to protect the consumer, say - tax dollars will be required to fund that regulation !!!!!!!!!!! and once you give a governmental operative a job to do they will not only do it but continually seek to extend their reach ......
It's entirely beyond me to understand WHY so many 'cryptos' & 'blockchainers' DO NOT GRASP THIS 100% FUNDAMENTAL FACT.
The only commerce which will operate to circumvent the current system of global enslavement WILL BE PURE PEER-TO-PEER COMMERCE no third parties - no third party regulation whatsoever ....
And all our commerce must be absolutely private - not open to third party scrutiny or regulation .... UNLESS the involved parties desire outside scrutiny & intervention .....
Common law contractual obligations ALWAYS & FOREVER apply .... if you transact with some one who exploits, extorts, lies, steals, injures, kills or cheats you - or you them - then take them to court - or be prepared to be taken before some justice system.
With blockchain technology we now have access to smart contracts .. USE THEM AS THAT WITH WHICH YOU TRANSACT ALL OF YOUR COMMERCE .....
BUYER BEWARE .....
FOR GOD'S SAKE S T O P ASKING GOVERNMENTS TO NANNY YOU .....