Not at all, it's just naive to think the USA, Europe, or China couldn't shut down crypto if they wanted.
They have million man armies, jets, tanks, millions of bureaucrats, leading edge development programs, hypersonic missiles, nuclear weapons, atomic energy, etc - but they "couldn't stop crypto!", a ledger where all transactions are...explicitly public?
Like come on. They have entire departments devoted tracing transactions for tax avoidance, but they're helpless against...a public list of transactions? No way.
They have million man armies, jets, tanks, millions of bureaucrats, leading edge development programs, hypersonic missiles, nuclear weapons, atomic energy, etc - but they "couldn't stop crypto!", a ledger where all transactions are...explicitly public?
Like come on. They have entire departments devoted tracing transactions for tax avoidance, but they're helpless against...a public list of transactions? No way.