While that's true, often times tradition and regulation are not the best solutions to the problemx certainly not as technology has evolve.
Not to mention much of the time regulation is not a solution at all but rather just means to protect incumbents.
Edit: To be clear, I agree there is tons of bullshit going on in crypto and DeFi, but I also believe that the existing players are ripe for disruption if they weren't regulatory protected.
There's no reason why I shouldn't be able to do a bank transfer instantly, or why I can't pay a a small business electronically without a large fee going to Visa.
Not to mention much of the time regulation is not a solution at all but rather just means to protect incumbents.
Edit: To be clear, I agree there is tons of bullshit going on in crypto and DeFi, but I also believe that the existing players are ripe for disruption if they weren't regulatory protected.
There's no reason why I shouldn't be able to do a bank transfer instantly, or why I can't pay a a small business electronically without a large fee going to Visa.