This is a much more optimal solution than blockchain.

that we need one company to achieve such big scale that they literally are regulated in every single country and basically become monopolistic in terms of their influence?

a Blockchain based system can maintain similar effects but with a balance of power

think about it

	▲	ta12653421 20 hours ago \| parent [-]
		No worries, if any DLT-system would become somewhere somehow relevant, any regulator will catch it sooner or later. Though, its an issue for the company, as this allocates a lot of resources wrongly.