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108 - I Was Wrong, We Need Crypto | DHH
Bankless
The Emergency Powers Act
"I thought, deeply problematic. But maybe some one else will do it," he says. "Another side then raised a bunch of money, refoiled, hacked and all s other things." He adds that the emergency powers act gives you power to cancel your bank account with no due process. That's an incredibly serious sort of sanction - how are you going to pay rent or buy groceries? You could see your bank account cancelled because of that. And this was one of those moments like, they're willing to do that for this? Oh, my god".
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