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You act like Ethereum is some sort of force of nature and the OFAC needs to play by the rules of Ethereum instead of the other way around. If Ethereum as a who
by rblatz 4y ago
You act like Ethereum is some sort of force of nature and the OFAC needs to play by the rules of Ethereum instead of the other way around. If Ethereum as a whole is designed in a way that makes it impossible to enforce current laws, it's more likely that Ethereum will need to adapt to the laws, or eth will be made illegal and anyone caught dealing in eth will be considered to have broken the law.
- seibelj 4y agoIt’s possible a government agency will go rogue and try to wipe out the savings and industry of millions of Americans. Seems unlikely to me.
- nisegami 4y agoGovernments are not a force of nature either. Sure, they're more likely to win over Eth, but I personally always remain hopeful for change in incumbent systems.
- sneak 4y ago> You act like Ethereum is some sort of force of nature and the OFAC needs to play by the rules of Ethereum instead of the other way around. There exist in our society things that the state is actually unable to completely prohibit, prostitution and cocaine principally among them. It's possible that cryptocurrencies also fall into this category. The state's power to ban things is not without practical limits and constraints.