History has shown that when the potential rewards are large enough, the players will literally move jurisdictions to tap into the rewards. All that happens is forgone tax revenues for nations.

Because unless you have a one world government (hopefully, no one is a proponent of this), there will be at least some countries that will welcome you. And since the rewards will be large enough, market participants will even do illegal things to access it.

All it will eventually do is make your country less competitive until you have no recourse but to change the law. FOMO isn't just for people; it's for nations as well.