It contributes to regulators cracking down on p2p exchanges, things like tornado cash, etc. And now proposals like the RESTRICT Act.
They were already doing kyc and so forth but now they have more narrative justification to try more draconian things.
Unlike the 1930s/1940s, though, Congress is very divided politically.
They will try everything, the question is if they really have in their hands the power of enforcement
If bitcoin fullfill his promise of freedom, and really gives freedom to people, game over for the church of the state, but will people choose that freedom ?will bitcoin be not only a technological but also a moral achievement ?
