> “AML/KYC bootlicking” This is where your 1974 PC analogy breaks down. The Apple II wasn’t a tool for breaking laws. People didn’t buy them to produce Commun

> “AML/KYC bootlicking” This is where your 1974 PC analogy breaks down. The Apple II wasn’t a tool for breaking laws. People didn’t buy them to produce Communist Party leaflets in their homes on matrix printers. But crypto is a political project. It’s intertwined with a very specific view of how money and government should work, and it’s not compatible with the legal framework in place. (Rhetoric like “bootlicking” is revealing because it’s associated with a very different 1970s movement than the computer revolution.) The PC really took off when IBM made one. That’s the equivalent of banks adopting Bitcoin. But things would have been pretty different if you needed a Congress full of Maoists first before IBM could make a personal computer.