It’s the Libertarian fantasy. Crypto bros, many VCs, angels, and other mini napoleons think they can solve the world’s problems without addressing any of their personal problems, studying history, taking responsibility for their actions, engaging in community building, or hiring people with spines. Which is why crypto and ilk keep reinventing every scam and repeating the mistakes of the past that directly led to regulation.

"Libertarians are like house cats: absolutely convinced of their fierce independence while utterly dependent on a system they don't appreciate or understand."

No idea who said this originally but it continues to be true. Abandon the system, and they find it was there for a reason.