[yata69420]

> This is where the future is headed, not crypto.

Well, sure, your business interests will win if you ban competition.

If crypto is useless, it will die organically. If crypto is useful, it will thrive.

Why does the government always need to ban new things? If FTX wasn't a "crypto" scam it would have been some other type of scam.

When TikTok gets shitty, people will stop using that too.

This is supposed to be what makes capitalism strong, and instead we have authoritarians trying to disrupt any threatening innovation.

[colesantiago]

How can crypto be called 'innovation' when it has made everything it has promised worse.

What is crypto's innovation that hasn't been done before?

Why should we use something more complicated, archaic, full of speculation, scams and a system that is engaged in a destructive mining process that requires burning up the planet to solve useless puzzles, which is even worse than the current system?

[saurik]

The privacy provided by ZKP protocols like TornadoCash and Zcash is apparently so functional and so powerful that people like yourself are afraid of it and want to see it banned... and yet you say it isn't "innovative"? That's rich ;P.

The reality is that people everywhere deserve privacy. It might should be telling that the country I most associate with your authoritarian take on this matter is the very country you (correctly) hold in such contempt: North Korea.

[colesantiago]

I have to admit this is a bunch of technobabble and gobbledygook that real people don't even use in the real world.

Imagine going up to someone and saying 'Can you send me money through TornadoCash or Zcash?', they might think you're a criminal or something, oh wait.

North Korea is a big customer of crypto, so the glove fits there, in evading sanctions.

No legitimate usecase.