Be that as it may, do we really want to enable everyone to have cartel-level money smuggling capabilities? Is that the sort of power we should strive to democratize?

Yes. Everybody, or nobody. Why should some have it and others not?

Note well: In this post, I am not taking a position as to whether "everybody" is the correct answer, or whether "nobody" is. I just want everyone to be at the same level.