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by A4ET8a8uTh0 1850 days ago
I may be biased since I am holding and mining crypto, but I find recent slew of articles talking up the evils of crypto amusing. From eco evils to national security. Crypto is the culprit and banning it will bring salvation.

Just today my superior shared WSJ opinion piece saying it should be banned altogether. I genuinely chuckled. It was ignored for so long, but only now when it may be genuinely hard to just put down, because real players joined the fray, did the offensive PR started.

5 comments

That might be your bubble , because in mine, I've seen cryptocoins being attacked for as long as I've known about them.

It's not that banning it will bring salvation, it's just that it's one less evil to worry about, with no clear downsides as crypto really isn't used for anything good.

The same argument could be made for banning Tor. I disagree, though, as these technologies can be and are used for good/normal things. Not everyone is running guns, evading taxes or selling drugs. In fact, most people aren't.
They were attacked, but about two years ago it was an attack along the lines of 'Pfft, how can random mathematical equation busy work determine value?', which was a lot more reasonable. Current articles go for the emotional stuff.
>It was ignored for so long, but

Its easy to ignore a bad but unpopular thing. As the bad thing gets popular, more will be written about it. Pretty straight forward process.

I am pretty sure all the crypto in the world would not be enough to maintain well documented laundering schemes that cartels use.
It's not just a recent slew of articles - calls to ban and framing it as tools for criminals and terrorists has been repeated like a broken record for a decade now.
"First they ignore you"...

We are fast approaching the "fight you" stage.