The old government nationalized railroads and private roads for this exact reason. When a utility becomes embedded into and it’s needed to even function in society, it needs to be nationalized.
Regulatory capture has made that near impossible now. At least crypto throws another challenger in the ring and can give people and businesses an, albeit inferior, alternative.
Regulatory capture has made that near impossible now. At least crypto throws another challenger in the ring and can give people and businesses an, albeit inferior, alternative.