This kind of behavior stifles innovation and attempts to limit what people can do.
I was about to hire a guy and discussing him with the president, it came up that he was into ASICs for crypto mining (years before it was a big thing)... president didn’t like it, figured the guy to be a get rich quick type and through his direction we passed over hiring him.
Turns out in this case, it was a good call, but right or wrong it was enough to push the guy back in the pool as he was already on the edge anyhow.