I think Stiglitz is coming from the position that ALL 'circumvention' is a societal harm. He is working from a position which supports Federal govt first, and

I think Stiglitz is coming from the position that ALL 'circumvention' is a societal harm. He is working from a position which supports Federal govt first, and individuals second. Confiscating money from child pornographers is a pretty clear moral good. Civil asset forfeiture, the confiscating the cash a poor single-mom is taking to buy the car because "it could be drug money" is a pretty clear moral evil to me. Which one of those happens more often? I'd guess the later is 100-1000x more frequent. Bitcoin is not moral, it offers circumvention to all, for better or worse.