[procaryote]

It's fundamentally unsurprising that the custodians of the existing system don't like a system built on the premise of circumventing it

In their defense, there might be some issues with circumventing such controls. Money laundring, fraud, market manipulation and sanction circumvention aren't always positive for society at large

[w_TF]

i understand their motivation, but none of the existing controls have done much to prevent those bad things from occurring either

[procaryote]

That's a pretty big claim