Part 3/13:
Seth, a seasoned Bitcoin advocate, describes this as "one of the worst times since I've been involved in Bitcoin," emphasizing that government agencies seem to be working cohesively across multiple levels to undermine privacy and self-sovereignty. The coordinated nature of these efforts—ranging from indictments to public statements—suggests an overarching strategy to chill innovation and erode privacy rights in crypto.
The Underlying Motivation: Control, Not Crime
The core of the issue stems from government concerns over illicit activities and the desire to control money flows. However, the experts argue that these efforts are less about crime prevention and more about universal surveillance and control.