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Re:Let Crypto Burn by SkyMarshal on Sunday November 20, 2022 @02:42PM (#33684490)
Theoretically we sign a law to remove it tomorrow, but practically it’s completely impossible. The financial industry would never allow it, and would spend billions defeating both the law and any politician who even remotely supported it.
Re:Let Crypto Burn by polygamous_bat on Sunday November 20, 2022 @02:46PM (#33684533)
Not because there will be billions spent, but because such a law would be extremely unpopular. Try convincing people that any option for your home loan and your car loan won't exist anymore (those are leverage too!) and see how happy they are.