It's the wild west, except not a single person ever died from it. It's a communications network. I'm all for treating it as the wild-west, self regulating thing it is.
Nobody has died in the Internet, but money has been stolen and commerce has been interfered with, and that was one of the major drivers behind the taming of the Wild West. Stage coach robberies and train holdups.
I'm assuming the reason somebody downvoted you is the implicit assumption that saving fat cat bankers from middle class teenagers justifies turning the Internet into cable TV. I want to make the other point.
You're claiming it was about commerce rather than loss of life and then using examples where there was often loss of life.
That is the characterization, isn't it? Middle class teenagers versus fat cat bankers. But in reality it's often middle class teenagers or even organized Russian criminals against gullible old people who are susceptible to pishing tricks. 140 years ago, you might as well have been talking about middle class guys versus fat cat railroad companies.
There was often loss of life during train robberies, but the economic disruption was a major component. People knew Jesse James for all the trains he robbed, not the people he killed.
Applying this logic, mail is the old Wild West.