i'm a fan of that school of thought.
How do you expect conscientious investors to come and invest into a system that will contribute to several societal vices.
Most of these investors oversees huge charity contributions etc.

For the sake of humanity, KYC and other minor regulatory hurdles should be well embraced.

When such gets achieved, the outside world will take us more seriously and invest strongly in the system.
At that point; proceeds of fund already invested in the system will also start paying off.