While I don't want too much regulation , it's lack of regulation that have allowed so many scam sites and questionable companies operate in the bitcoin field the last few years. Again I don't want too much regulation, but I've never seen any evidence that allowing something to be the wild wild west would somehow limit the number of bad actors.
While I don't want too much mercury in my body, it's a lack of mercury that has allowed me to catch colds and other infections. Again I don't want to ingest too much mercury, but I've never seen any evidence that allowing my immune system to learn and adapt in Wild West fashion could somehow limit the number of diseases I get.