That is a false dichotomy.
I admit that I am having serious misgivings about the direction the Libertarian party has been taking lately. Especially the past eight years or so.
"Banning" something only makes the object more lucrative and attractive. I think that there should be public awareness campaigns and educational resources devoted to this subject.
Very much resembling the Surgeon General's warning on tobacco products.
It has been made socially problematic to smoke cigarettes. The same can be done with owning Pit-Bulls.
I never owned a pit bull and never will..My Daughter and Son-in-Law rehabbed an old 1894 Queen Anne brick that was a crack house..They had break ins once a month before and after they moved in, besides buying an arsenal they purchase a Mastiff that grew into a 140 pound wreaking machine..after that no issues. He was a sweetheart, always had to have his massive paw on you. Lucky that we never saw him in action, but he would probably kill or maul anybody that threatened my Daughter in a heartbeat, that was a given.
Currently I own a 11 year old Italian Greyhound female and recently bought a Mini-Bulldog Pup, these dogs were bred to be companion dogs and would never harm anybody, particularly children. It takes a little common sense when you mix your family pets with your newborn children, the couple that lost their children should of thought about the possible issues with owning a Pit Bull. Don't get me wrong, every pit that I have encountered were quiet in nature, I found that out years ago when my Male IG pup tried to get into a fight with a 75 pound pit at a dog park and the pit backed off ignoring the challenge.