Sure, it’s not going to do massive damage like a 7.62x51, but it’s still enough to seriously injure.
I think the larger question is proliferation and intent within a culture. For example, I’m of the opinion knives are a tool, but they can easily be used as a weapon. There’s a huge grey area between hobbies, tools, and weapons. I think it’s up to the collective groups to decide what’s appropriate.