Its not existential. Its a tragedy, but not existential. And its too soon to say what the effects will be. If I were a developer, ain't no way in hell I'd be publishing under my own name. What does it do to their control when they don't know who to black bag? But we'll see. I think the state will attack more now. I think they've revealed their strategy. It'll be rinse and repeat, one dev after another, till they're all in prison, or all have scopes on their houses 24/7.
But I think bitcoin'll be fine.
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If I were a dev, I would be considering geographic arbitrage. Why put yourself in striking distance of a viper.
The effect you list of Devs not wanting to publish under their own name is already palpable. All the major grants in the Bitcoin Space require handing over your true name in the background even if you could remain nym on GitHub.
They were charged for unlicensed money transmission for a non-custodial wallet. The court didn't pursue money laundering charges. The charges they are going to prison for could apply to many facets of the Bitcoin ecosystem. Do miners have Money Transmitter Licenses?
TDev was in Portugal. They got him. Name a freedom orientated Country that wouldn't give up a person to the US Courts?