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A comment on Former US SEC attorney: 'Get out of crypto platforms now'. Parent comment

Re:Former US SEC attorney: 'Get out of crypto platforms now' by nwiswell on Tuesday June 20, 2023 @08:18PM (#36412640)
> That being said, I doubt Bitcoin will be outlawed in the West, and generally agree that it will be around for the long term.

Well, not entirely without precedent, since private ownership of gold was outlawed nationwide in the US during the Great Depression. It wasn't fully legalized until 1974.

https://en.m.wikipedia.org/wiki/Executive_Order_6102

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Re:Former US SEC attorney: 'Get out of crypto platforms now' by mplanchard on Tuesday June 20, 2023 @09:26PM (#36413200)
This is an entirely new fact for me. It’s surprising to me that I’d never heard of this. Thanks for sharing!
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Re:Former US SEC attorney: 'Get out of crypto platforms now' by nostrademons on Tuesday June 20, 2023 @11:06PM (#36413896)
Wait till you hear that the first chairman of the SEC was a notorious market manipulator who was hired by his friend FDR to prevent anyone else from doing the things that made him rich. He also happened to be JFK's dad.

https://en.wikipedia.org/wiki/Joseph_P._Kennedy_Sr.#Wall_Str...

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Re:Former US SEC attorney: 'Get out of crypto platforms now' by csomar on Wednesday June 21, 2023 @04:50AM (#36416050)
That's why history repeats. Most people have no idea what happened a 100 years ago.
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