(ii) The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.
Let’s say we live in a world where electric door locks are very popular. Now imagine if every door lock manufacturer were mandated to create a way for the locks to automatically unlock when the police had a search warrant and knew a criminal was inside. Would the population accept this? North Korea would.
So yeah, enforcing democracy has some tradeoffs. View quoted note →
“come in hard” 🫢
"If the rules come in and make it a real thing that you can actually do business with, you'll find that the banking system will come in hard on the transactional side of it," Moynihan said in an interview at the World Economic Forum in Davos, Switzerland.