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by mw888 1362 days ago
Yeah, if larger jurisdictions behaved as such the issues I described are easier to avoid. I don’t think the regulatory bodies have an attitude towards crypto that would enable that large scale attempt at control, but we can see how it’s possible.

When your protocol’s primary use case relies on denominating centralized currency, it makes these types of network attacks far, far more effective when the attacker controls that currency. People have completely forgotten about any use case of a non-excludable censorship resistant network that isn’t tokens, but I digress.