I agree, if implemented wisely, the mint's incentives should be aligned with the user's goals. This typically can happen easily in smaller closed ecosystems.

When you scale up to larger coinbase-like ecosystems, you end up with a wider variety of intent and invariably will end up with some users in opposition of the mint's incentives.

Unfortunately it's less friction to create the latter so invariably there will be large centralized mints primed for a ruggening.