Locking down accounts you control on your infrastructure is vastly easier to scale than asset forfeiture. Scale and ease does matter here.
>I have never seen an argument against crypto currency that doesn't already apply to the current systems, we just pretend its not the same.
It's not the same: cryptocurrencies are generally more restrictive about reversing transactions (in that you can't), for instance. We can reverse some transactions in the current system.
Some call this a feature, but they're likely okay with every day people getting their shit stolen easily because they don't know anything about computer security.
>I have never seen an argument against crypto currency that doesn't already apply to the current systems, we just pretend its not the same.
It's not the same: cryptocurrencies are generally more restrictive about reversing transactions (in that you can't), for instance. We can reverse some transactions in the current system.
Some call this a feature, but they're likely okay with every day people getting their shit stolen easily because they don't know anything about computer security.