If they are they shouldn't take the wild west for granted. It should be done with caution as the political systems and government of the world will eventually look for capitol (and that will definitely involve looking into the crypto space).

Be careful people and set aside at least %30 of your profits for the eventuality that it will all be confiscated and you could be fined if found to be withholding. All exchanges will eventually be under surveillance. If you are able to do things locally like cash than you might be safe.