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by SilverBirch
1325 days ago
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I think the difference is that the US banks didn't go out and deliberately declare "Here's how we're going to empower fascists to circumvent the rules of democratic nations". I'm not making excuses, there's lots of examples of Deutche etc. that are breaking rules, and they should be punished for that. But at the end of the day, they atleast accept the legitimacy of the rules. |
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I am not against that set of rules, especially for the legacy system, but it's not on blockchain devs to comply.
We will have to let our legislators decide. Starting to see a good amount of bipartisan support for reasonable regulations (in the eyes someone who is pro crypto). And whatever they decide it will prove the true strength of a blockchain if it can resist censorship. For example, if they choose to make Coinbase comply with OFAC on an attestation level the system should be able to deal with that through social slashing etc.