54 sats \ 5 replies \ @Undisciplined 27 Apr \ parent \ on: Selective Prosecution Of Samourai Defendants bitcoin
I'm thinking about how the Liberty Coin guys were treated. I know the cases aren't even remotely similar on a technical level, but they might be from a PR perspective.
Will it be David vs Goliath or the state protecting us from subversive anarchist terrorists?
That's where the ETFs might actually do some good. Bitcoin is acceptable now.
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I think it might actually hurt in this case.
When there's an official regulated financial instrument that provides access to bitcoin, these Samurai guys look like they're specifically trying to give people a way to avoid the law.
This is about bitcoin in the same way the Liberty Coin case was about gold, which also had approved financial instruments.
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Possibly. In my experience these things are always case specific and defendant specific. I don't know much about the Liberty Coin guys, or what they were accused if doing. I also don't know much about these Samourai guys.
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From a surface level they were both selling their product on it's subversive features (saying the quiet part out loud, as it were).
Of course you're right that the cases will be different in their specifics and I hope it goes better this time. My recollection is that Liberty Coin was shut down under domestic terrorism charges.
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If, and I hope this never happens, there is ever brought a similar case involving a lightning product, the use case is much more palatable, ie: lower fees, immediate settlement.
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