These are interesting points - aren't they? The excuses will be "drug dealers will take advantage"
Same as "crypto is only used by criminals".
Imagine if the government told insurance companies that in order to operate, they needed to keep sufficient physical gold on hand to cover total liabilities
And banks had to do the same in order to lend.
It's such an obvious pattern, when you start watching out for it.
The government requires businesses act dangerously; then waits for an opportunity to call them reckless.