Reverend Hodl on Nostr: All this will accomplish is to drive innovation to a regulation friendly ...

All this will accomplish is to drive innovation to a regulation friendly jurisdiction. Doesn't sound like the Trumpified crypto dominance being spun.
IRS might just cause an "own goal" and collide with the new evolving economies. Hubris, threats and irrelevance will be their undoing. Bankers no longer control the commanding heights of the global economic engine. It now rides on light and is subject game theory.