The birth of the stock market also created new avenues for fraud that did not exist prior.
Right, but I've never heard anyone say in response to stock market fraud, "You know what would fix this? A stock market!"
The logic path on fixing what is ultimately a blockchain-related problem with more blockchain just seemed a bit circular to me. The blockchain/crypto portion does not really seem to be solving any real-life problems, or if it has, anything it has solved is being outstripped by the problems/losses.