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 Yes, and arguably any forced whitelisting makes non-whitelisted bitcoin more valuable. It’s terrible for people in those jurisdictions but doesn’t affect the bitcoin network as a whole. 

I believe devs should follow the principle of, “first, do no harm”. 

If there is potential risk, then we need to find a different way. Nobody can assess the magnitude of the risk. 

We need to think long term and protect bitcoin for future generations.