Re:The political case for a blanket cryptocurrency ban
by louwrentius on Wednesday March 31, 2021 @06:27PM
(#26653936)
What you may point out is hypocrisy. That hypocrisy still doesn't change anything about cryptocurrencies themselves.
Real or perceived hypocrisy doesn't absolve cryptocurrencies in any way. What they are and what they have to account for has to stand on itself, on its own.
Two wrongs don't make a right.
You also seem to be a bit disingenuous: cryptographic hashes don't boil the ocean. Amusement park tokens idem. They aren't used for ransomware.
So this attempt at some kind of slippery slope argument isn't really working, if you would ask me.
When money is at stake, logic and reason is the first to fly out of the window. Whatever necessary to make the grift going will be said.
Inconsistency in these kinds of areas just makes a mockery of the legal system and encourages corruption.
There are tons and tons of other problems with this proposal I didn't get into, such as how cryptocurrency is defined. Are we going to start making data structures like linked lists of cryptographic hashes illegal? In-game virtual currencies? Amusement park tokens tracked in a database? Any law would be either overly broad or trivially circumventable.