If it makes it clearer: I don't think there's a need or way to "shut down all blockchain / crypto / bitcoin". I don't think anybody seriously proposes that. Th

If it makes it clearer: I don't think there's a need or way to "shut down all blockchain / crypto / bitcoin". I don't think anybody seriously proposes that. The letter certainly does not. So the analogy of somebody coming in and taking the gamblers' money doesn't apply - not sure how that would even work in terms of confiscation (though the value of any given chain or crypto currency certainly can, and usually should approach zero, but that's empathically not "somebody else stealing my money":). But I've been in any number of conferences / meetings / governing bodies where a blockchain / crypto evangelist comes in, flashes couple of dozen slides of essentially nothing, and the non-technically astute leaders get hyper excited about something and get all "Shut up and take my money!" ("In the morning, you'll be picked up in a self-driving car powered by blockchain!" is literally the sentence that was uttered - to wide applause. I felt in a Twilight zone of unquestioning zombies). This TERRIFIES me. Governments adopting bitcoin for alternative currency or inserting crypto where it doesn't belong TERRIFIES me. Because yes, eventually it'll be "too big to fail" and we'll now start propping up stupid-ass systems because "Companies invested $4bil into them and we can't let it evaporate into smoke that it should". And now I and mine will be stuck with stupid-ass stuff. I'm happy to let blockchain and bitcoin and crypto exist. Let them exist in the same regulated ecosystem and world that all of us exist in. Let the enthusiasts enthuse and investors invest and gamblers gamble. But for the love of all that is holly, let's temper that enthusiasm and counter the immense lobbying and hype before it all gets too far down the black rabbit hole of no return and no sanity.