They should be regulated on their primary purpose in practice and the damage that they cause. And Monero is unwilling or unable to police itself, even as it does damage that dwarfs pretty much any other computing technology.

And not just nebulous "missed sale" damage, but very real damage that often results in dead people and ruined lives.

> Regulating tools rather than the action or intention of a person or group is inherently backwards and wrong imo.

We absolutely regulate tools that can inflict a disproportionate amount of damage. For example, I can't just buy high explosives even if I just want to do a cool video of me launching a manhole cover into the air. Or nuclear materials. Or surface-to-air missiles. Or....