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To: discostu
I get it, crypto is (among other things) a screw-the-government kind of thing. Yet governments have their imperatives and can make life miserable for crypto. And in the end, when quite a lot of value disappeared in the FTX crypto fraud run by Samuel Bankman-Fried, just who did the victims turn to for relief? The US government.
61 posted on 12/25/2023 6:46:01 PM PST by Rockingham (`)
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To: Rockingham

Really they can’t do much of anything about crypto. All the examples you have are of people who used crypto to defraud people. There are elements of fraud that leave traces even when crypto is used. Crypto itself, without fraud, is aether (and yes I’m using the spelling on purpose). Think torrent, think porn, think cryptography. Once things find the internet and truly USE the internet they become very difficult for the government to do anything about. Sure there’s always going to be a few cases where the government gets lucky. But they’re the minority. And there’s enough crypto currencies already in existence that the cockroach element is in full swing. They’ll never get them all. They’ll never even get the majority.


64 posted on 12/26/2023 5:49:33 AM PST by discostu (like a dog being shown a card trick)
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