Well put. This is exactly why people are so emotional about this story - you've got a group of people acting like they're shaking up a stodgy old system and those who can't keep up need to whither and die. And then suddenly when things don't go their way (and this is an extremely minor thing really, most of the money is there, there are lots of private ways to backstop this), they run and cry to the government.

Iirc the rap group Geto Boys has a (great) song "We don't talk to police" about how they don't cooperate with law enforcement, and then got rightfully made fun of when they screamed about people downloading their music and demanded someone do something. The G-Code doesn't extend very far apparently, and that holds for VCs as well