Dear @jbgarrison72
I respect your view.
However, your definition of true free market is something that would allow "bad players" to abuse such a market. Wouldn't you see that could easily happen?
2017 in crypto was an excellent example of such a free market.
I think as hard as it is - we always need to find a balance between "free" and "regulated".
Yours
Piotr
Abuse always occurs when you have high demand and low supply. However, due to the free market, companies are adjusting themselves in the best way possible, without the need of a governmental legislation for this. An example today is that we have almost no more ICOs, projects that are serious are using other ways to show their investors that they want something visionary, and this was not done by a government but by private companies.