[yata69420]

Ah, so I'm only allowed to do cryptography if I have a "legitimate use case". I've heard that before.

Also, nice list of people who did cryptography wrong. I guess there's more innovation to do.

To be clear, I think there's a legitimate need for crypto regulation to ensure that businesses that claim to be custodians do in fact have all of the crypto. The fiat rails are a sensible place to do this. Incidentally, this clearly illustrates why crypto is property and not a security.

[colesantiago]

So you're not able to provide a legitimate use case for cryptocurrencies then? Nor you are able to answer any of my questions?

I'm assuming you're deliberately misreading 'cryptography' with 'cryptocurrencies' so I'm going along with the term cryptocurrencies as this is my original line of argument.

Please continue beating up your 'cryptography' strawman.

My argument still holds, crypto tokens are not a store of value nor can be used as real world currencies.

> Also, nice list of people who did cryptography wrong....

And where is your list?

You'll be glad to know that my list is growing, weakening your argument, making a case for banning crypto all the while turning these tokens into unregistered securities when hard regulation comes inevitably knocking.