I have stopped reading after a while.
I just have one question:
If governments can regulate everything, why is
https://thepiratebay.se/ still there?
1/ In many places, it isn't, thanks to government regulation.
2/ "Potentially illegal filesharing via a bittorrent site" is a somewhat smaller issue than "global money transfers".
ad 1. lol, where? China?
There were some banning of websites in Austria, but I just changed my DNS for that.
ad 2. with all the lobbying from the content companies in the governments, i don't see how it is a smaller issue for the governments. They really tried a lot, to get such sites offline and they clearly failed. I mean, you don't really want to tell, they didn't try pretty hard, do you?