Replace ‘blockchain-powered “pseudo-currencies”’ with “cash”, and the same is true. Better outlaw cash.
This thread is not about BTC…
This thread is not about BTC…
You can't be serious. Ad hoc cash transfers are regulated (can't bring more than $10k across borders without declaring, for example), supply is limited, and bills have literal serial numbers on them.
Yes, there are regulations to make it harder to carry out elicit business, but that doesn’t change history, nor does it invalidate the point I was trying to make.
On one hand, some cryptos (not Solana) are useful for illegal activities. On another, they’re also useful for privacy, censorship resistance, and financial freedom.
It’s no different than the argument against E2EE, but I’d rather live in a society with E2EE than without.
What is your point?