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If being subject to OFAC oversight would "destroy" Ethereum, then Ethereum should be destroyed.
by sbierwagen 4y ago
If being subject to OFAC oversight would "destroy" Ethereum, then Ethereum should be destroyed.
- capableweb 4y agoWhy is that? OFAC is a US government agency, Ethereum is not a US-based organization. Why should they be forced to follow US laws? There are plenty of us outside of the US who do not care about what's illegal in the US or not.
- brobinson 4y agoYou're misunderstanding his post. He's saying that if such a US-centric thing threatens the entire system, the system shouldn't exist at all. It will have failed at its mission to be decentralized and thus has no reason to exist.
- matheusmoreira 4y agoHe's saying cryptocurrencies should be bigger than the US government. The system should be so resilient that there is no way for the USA or anyone else to intervene no matter how much they want to.