Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I think crypto became "legal" more in the sense that it "failed to become illegal".

When it was just a goofy project only taken seriously by distributed systems geeks and Ancap libertarians, there wasn't much to regulate and it could slide under the radar for quite awhile. Then pretty rapidly it sort of became so big that it wasn't trivial to do actually ban it.

Then we got a president who used it as a streamlined bribery platform.



as designed


I was being sarcastic but even the above analysis is leaving out like 80% of the reason why crypto is allowed to exist




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: