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gwern comments on Open Thread for February 18-24 2014 - Less Wrong
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Comments (454)
Who do you sue? :)
There is always someone to sue. Maybe the SEC argues that anyone who runs the client is offering services that need a licence.
Then it will be hidden behind Tor.
Maybe the SEC argues that running the TOR client is probable cause.
(Several iterations of "But what if" later...)
Maybe someone rules that encrypted or obfuscated communication is probable cause.
(I don't think this is likely, I just wanted to skip to the end of this line of thinking)
...actually, I wonder if anyone's tried to engineer a distributed steganographic cryptocurrency.