Thank you Dave to the point as usual.
The terrorist and drug dealer argument to support banning crypto is so dumb that I feel sorry for anyone that believe it.
So the objective is to stop terrorist and drug dealers. Fact is that terrorist and drug dealer existed before 2008 when bitcoin is created, and they can't be stopped. So what can banning crypto do other than forcing the terrorists and drug dealers back to the usual suspects too big to jail?
It is like saying oh terrorist and drug dealers use toilets lets ban that to make their life miserable.