Earlier quoted context omitted.
Crypto isn’t synonymous with anarchy, just like the internet isn’t synonymous with pornography. Both are cliches from long ago. All of the victims are likely tax payers. Law and order is a fundamental service that a legitimate state must provide to all in its jurisdiction, even those who are only resident non-citizens and those that pay little to no taxes in a progressive tax system.
> Crypto isn’t synonymous with anarchy, just like the internet isn’t synonymous with pornography. Both are cliches from long ago. Saying crypto isn’t synonymous with anarchy, like the internet isn’t with pornography, sidesteps the point. Pornography is just one use of the internet — not its central purpose. But crypto wasn’t just built to host financial activity — it was designed to restructure it, removing reliance…
It was designed to solve the double-spending problem with digital currencies, replacing the need for "a authoritative ledger" with a one difficult to forge.
The political project around this was to provide people with a deflationary currency akin to gold, whose inflation could not be controlled by government.
The lack of government control over the inflation of this particular currency, and the lack of an authoritative ledger, are an extremely minimal sense of currency protections (, freedoms). They have as much to do with anarchy as the internet had with porn.