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Because regulating it is an important part of securing it. They're not separate things.

If I am a victim of fraud and lose my money, I have the concept of the rule of law to help me get my money back. In a decentralized world there is no way to get my money back.

Besides, it is the government's job to help society function well, in part by making the economy successful. Money is just a tool to do that.




> If I am a victim of fraud and lose my money, I have the concept of the rule of law to help me get my money back.

The governments ability to print money has absolutely nothing to do with its police force.

If someone steals money from others, then the police should go in and arrest them. The police don't need a printing press to do their job.

It is perfectly possible for the rule of law to exist, and for decentralized currencies, to also exist at the same time.


The government doesn't have to supply my shoes for me to be able to go to the police when someone steals them.


They have to supply the money so that they can have something which can be collected with reliable value for taxes. If your government allows you to pay taxes with monopoly money, then Hasbro becomes King. If the government supplies the money, there is no external organization which can inflate the supply to gain control.




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