Government is a market actor; a chartered corporation of sorts, with a monopoly position.

You are conflating influence and regulate. Or you are changing your original assertion. Like nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl said, their just an actor, and can only regulate as much as people would allow themselves to be regulated using this technology that only exists BECAUSE of their awful track record of regulating money.