If someone told you they need to monitor and regulate your phone calls, or possibly even restrict the use of phones altogether, because criminals also use telephones, then you might have some questions.
Or how about if we were talking about money? What if a government agency insisted that all your transactions must be centrally tracked, and that in fact, non-monitorable money was a dangerous tool?
The reason, again, is that all manner of bad actors, fraudsters, terrorists, spies, you name it, use money, and, therefore, we must all agree to have our money closely monitored. All in the name, of course, of safety and security, which is to say: trust us, it’s for your own good.
That second example, money, gets to the essence of the ongoing debate around crypto regulation