We do that and we'll be well on the way towards Venezuela. What you're proposing is a blatant infringement of individual liberty and basic freedoms. Have you ever studied in your entire life how welcoming and beautiful the free market is? The government is the problem, not privatization. It's by the hand of the government that we're forced under legal tender based in debt, devaluation and inflation.
Under your logic, we should just nationalize Steemit and Bitcoin too? Centrally plan it and limit basic freedoms? What a joke.