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Dec 20, 2021·edited Dec 20, 2021Liked by James Ledbetter

It'd be extremely difficult for a democracy to ban and seize crypto assets, but they wouldn't need to. The treasury department and FBI could simply declare that ALL transactions between crypto and regular currencies are now presumed to be money laudering unless proven otherwise. Basically ending cryptocurrencies as a meaningful asset class.

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It'd be extremely difficult for a democracy to ban and seize crypto assets, but they wouldn't need to. The treasury department and FBI could simply declare that ALL transactions between crypto and regular currencies are now presumed to be money laudering unless proven otherwise. Basically ending

Expand full comment