> The actual software and code? Good luck getting that genie back in the bottle now. But, you can certainly hamstring it in other ways, and frankly, that should be good enough.

This is my point - the technology is out of the bottle. You can't stop it. You can disincentivize its use in all sorts of social and legal manners, but to go all the way back to my original comment: you can stop Apple (Coinbase) from operating, you can penalize individuals for using encryption (or cryptocurrency in this case), but encryption (and blockchain) still exists and can be self-hosted, and individuals can continue to utilize those tools.

Again, look at torrents. Its primary use case is illegal. What.CD, Oink, even TPB (at various points) have all been taken down. Yet torrenting still enjoys widespread use across the globe.

I'm not a fan of cryptocurrency either, but I do want to note that "hamstringing" it at this point will likely have many negative downstream effects on the overall economy.