What do you not understand about crypto law or policy that you wish someone would ELI5?

I am a wealth of knowledge - unfortunately my knowledge is useless | Game Designer | /sands-of-sumaii

They could try, but it would require creating a central bank digital currency ("CBDC") and then banning all privately issued digital assets. Personally, I think that's unlawful and/or unconstitutional at least a half dozen ways, and lawsuits would start flying immediately if they tried. I don't see it happening.