The crux of this is enforcement. Different countries have to first agree on how to go about all this. Then your ‘economic hitman’ will have to act against people who do not register in this database you propose. Getting leads in a decentralised world won’t be easy.
a regulation must be enforced and exectuted in a way that people trust it, people trust police because its violent, and consequent.
an economic hitman could be also a network of spies, which could work decentrally globally like the mossad.
the point is that if we would create such a regulatiory guardian, many cryptocurrencies will beg to be regulated and then indirectly be blessed or trusted by the market.
the alternative is basically what we have now
1. 30.000 cryptocurrencies
2. market running on annyoing never ending propagandacoins
3. high volatility
4. you have to justify yourself so you can spend and use a digital asset.
traders and craftsmen also want a regulatory system they can rely on.
you want to limit and make the amount of cryptocurrencies overviewable than you have to do this, also to limit volatility you must balance value generation in real world with token created.
making the market much less diverse and less confussive.
best way for that would be with a value sources related or backed system the former i am developing privately,
but you want quality controll and realiability and this is the way,
it can be violent it can be exposatory with spies, or it can be simply by "i demand insight" and the report of refusal of insight could then be published in the market and the market will then sanction the cryptocurrency.
so it can be violent it can be without violent, and it can be global and borderless. no problem
but most important thing of a regulation is basically protect those that
work for money, and controll regulate the behavior of those that
create money
