NSmolenskiFan on Nostr: The Tornado Cash ruling is undoubtedly good news. However, the court also spells out ...
The Tornado Cash ruling is undoubtedly good news. However, the court also spells out clearly the path that the U.S. Congress could take to make mixers illegal: amending the IEEPA.
As the “Introduction” to The Satoshi Papers shows, the IEEPA (International Emergency Economic Powers Act) and the NEA (National Emergencies Act) were both passed in the 1970’s to enable the U.S. President to bypass Congress and directly govern by Executive Order—so long as he claims it is a “state of national emergency.”
“Governance by national emergency” has become a primary way that unaccountable executive power has been used since the Carter Administration—particularly through the unilateral imposition of economic sanctions by U.S. presidents. All presidents of all parties have used this power, and they do so with increasing frequency. The NEA and the IEEPA are the legislative authority that U.S. presidents rely on to function as dictators, exerting personal economic control over anyone, anywhere in the world through their enforcement arm: the U.S. Treasury Department.
These laws must be abolished if we are to once again become a free society. That is the truth.
As the “Introduction” to The Satoshi Papers shows, the IEEPA (International Emergency Economic Powers Act) and the NEA (National Emergencies Act) were both passed in the 1970’s to enable the U.S. President to bypass Congress and directly govern by Executive Order—so long as he claims it is a “state of national emergency.”
“Governance by national emergency” has become a primary way that unaccountable executive power has been used since the Carter Administration—particularly through the unilateral imposition of economic sanctions by U.S. presidents. All presidents of all parties have used this power, and they do so with increasing frequency. The NEA and the IEEPA are the legislative authority that U.S. presidents rely on to function as dictators, exerting personal economic control over anyone, anywhere in the world through their enforcement arm: the U.S. Treasury Department.
These laws must be abolished if we are to once again become a free society. That is the truth.