I don't think you want either hoarding or anarchy. Establishing order is something governance can do, so I think government has a tremendously valuable role in fostering these new standards. Without actually creating them, government could have a very good role in the process of encouraging and enforcing open order. There has been a shift in cultivating and creating standards. It's now the business of business.
Standards have their own tortured history, though.
They're not always a good thing. Something has to be 10 times as valuable to make a profitable difference. Some standards are only two times better, so occasionally emerging standards need to be overthrown and remade from outside. Over time we'll see that not all standards are equal. This is where new economists should move their attention.