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by nimbius 1466 days ago
for commenters assuming the US Government would step in, absolutely not. the death of Crypto is inherently in the interest of US foreign policy as it strengthens regional soft power in denied spaces by gutting uncooperative states (iran, venezuela, cuba, etc...) of their ability to sidestep western capital embargos. it also guts Wikileaks ability to defend itself in court, as its sitting on a good deal of crypto since being denied access to regular donations.

it also helps dampen inflation by strengthening the dollar, at whatever level that may be.

1 comments

I like crypto, though not really what it has become in recent years. I too hope the US government does not step in. That would be totally antithetical to the entire point of crypto.