Minimize, yes. Which I expressed a similar sentiment in my reply. I am a sound money and free market advocate. Free markets and sound money ensure consequences. Unfortunately there will still be bad actors in life and that’s just how it is. But in an honest system the bad actors face consequences instead of being able to capture regulators and/or buying leniency.
Yes, but those bad actors simply can't operate at a national or international level for very long if all you've got is sound/hard money. It lowers the impact the farther up you go, ideally simply because you have to fool more and more people to part with their money. It's possible, but lies are unsustainable.