[spikengineer]

Expectation of difficulties of enforcement is not a legitimate concern that can exceed or override the need for regulation.

Lack of regulation can be much worse.

False dichotomy

[primitivesuave]

In many cases I would agree with you, but I encourage you to read about demonetization in India, as that is a good example of how regulation produced a worse outcome because of the unique forces at play within the country.

https://en.wikipedia.org/wiki/2016_Indian_banknote_demonetis...