This indeed seems reasonable in the eyes of the contemporary understood society, which is only a couple of hundreds years old anyways.
A counter argument could be that Crypto is regulation.
Crypto economies encode all sorts of incentive structures to promote an inhibit various behaviors of its users.
The only difference is that these regulations are not governed by the elected government but by algorithms.
And yes, some modern networks have included mechanisms for handling financial stability. Eg. the Maker coin that have a lever for shutting everything down in case of an emergency.
A counter argument could be that Crypto is regulation.
Crypto economies encode all sorts of incentive structures to promote an inhibit various behaviors of its users.
The only difference is that these regulations are not governed by the elected government but by algorithms.
And yes, some modern networks have included mechanisms for handling financial stability. Eg. the Maker coin that have a lever for shutting everything down in case of an emergency.