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I think you lost the context of the thread. I'm not suggesting they will spend billions on crypto. I'm suggesting they will use their regulatory teeth to compel
by TakeBlaster16 4y ago
I think you lost the context of the thread. I'm not suggesting they will spend billions on crypto. I'm suggesting they will use their regulatory teeth to compel USA companies that have already staked billions worth of their customers' ETH to comply with the sanctions on Tornado Cash addresses, consequences/slashing be damned. OFAC has lawyers on payroll, so this would literally be free for them.
- dane-pgp 4y ago> I'm suggesting they will use their regulatory teeth to compel USA companies... If there's one group that the government care more about the finances of than taxpayers, it's companies. Destroying the wealth of these companies in their jurisdiction is an attack that can only be performed once, and provides no long term benefit, except for people outside their jurisdiction.