That makes a lot of sense. It being an administrative nightmare for non-compliant transactions will certainly drive the price down and eventually make it all but useless when it hits rock bottom. It sounds like a tweak could be made. Maybe instead of burning or donating the STEEM, why not just reverse the transaction so it could be restarted by the user with proper notations. Yeah, annoying for the customer, but that's how the banking industry deals with bad transactions.