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A comment on Crypto Faces Legal Reckoning as SEC Prepares Action Against Coinbase. Parent comment

Re:Crypto Faces Legal Reckoning as SEC Prepares Action Again... by fbdab103 on Saturday March 25, 2023 @02:18PM (#35305413)
>by definition you can't shut down things like Bitcoin)

Tomorrow, the US government could declare that no US company can do business with Bitcoin or enable someone to do business. Effectively declare sanctions (similar to North Korea) against the entire ecosystem.

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Re:Crypto Faces Legal Reckoning as SEC Prepares Action Again... by jcampbell1 on Saturday March 25, 2023 @02:27PM (#35305525)
King Biden can do this without due process?
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Re:Crypto Faces Legal Reckoning as SEC Prepares Action Again... by nukeman on Saturday March 25, 2023 @02:36PM (#35305612)
The courts have traditionally been very deferential to national security-based arguments. Whether you agree or not (I’m mixed), that’s the situation on the ground.
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Re:Crypto Faces Legal Reckoning as SEC Prepares Action Again... by jcampbell1 on Saturday March 25, 2023 @02:48PM (#35305765)
The Supreme Court has gotten way more libertarian recently.
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Re:Crypto Faces Legal Reckoning as SEC Prepares Action Again... by lowkey on Saturday March 25, 2023 @07:45PM (#35308814)
Famously, the US banned alcohol and drugs and some states even banned homosexuality. In none of those cases did it work out as intended. The only meaningful outcome was the destruction of individual liberties. Hmm, maybe that was the real goal all along.
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