alt Hacker NewsThey also confiscate those hard-to-copy tokens if you acquire a sufficiently large quantity and attempt to leave the country with them.
They also confiscate those hard-to-copy tokens if you acquire a sufficiently large quantity and attempt to leave the country with them.
I see a lot of hand wringing about this; but for 99.99% of people the banking layer and bureaucracy of modern monetary systems is a feature that protects them from fraudulent transactions, people stealing their credit card number, and businesses charging them and not delivering goods. These are generally good things.
Yes it is possible for the state to inflict violence on you, and if the state wants to, it probably will do so. Putting your money into internet tokens instead of state backed money will probably just get you tortured more until you give up the keys, or die. Crypto isn't some "one weird trick" to prevent the state from taking your property and possessions.