If these tokens are truly regulated by the state and the ledger is editable by the courts, then there's nothing decentralized about it and it provides no advantages over the current system. All of this talk about decentralization and cutting out the middleman is a mirage.
Decentralized isn’t a binary. The courts can’t edit the blockchain but a federation of private keys can. It still allows an alternative to transferring money without Visa or PayPal.
There are clear guidelines about civility. This is not reddit. If you're being downvoted it's not because people disagree with you. It is though very likely that many people disagree with you.
