  You cannot escape your own and foreign governments at this point

I hate to be that guy but bitcoin exists for exactly this purpose. For all its faults it's a global transparent ledger without censorship.

▲ csomar 3 days ago | parent | next [-]

These governments couldn’t tax properly before (which is why they had import tariffs) and now they found a way around it. Make digital payments cheap and easy to onboard everybody, the introduce taxation as you have a hostage economy. It didn’t work quite well for indonesia (people riot tax increases). We’ll see how it pans out for Vietnam.

▲ piltdownman 3 days ago | parent | prev [-]

Until you try and off-ramp to fiat. Then you hit the same problem.

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akimbostrawman 3 days ago | parent [-]

That's why you use a actual fungible, private and censorship resistant currency like Monero

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piltdownman 3 days ago | parent [-]

Like Monero, fiat currency has no intrinsic value but derives its value from popular decree and public trust in its stability. The difference is that fiat is legal tender, and people are obligated to accept it under civil and criminal legislation. No one is obliged to accept Monero in payment, or for the settlement of debts public or private.

To date, Cryptocurrency has only ever constituted legal tender in two countries - El Salvador and the Central African Republic - and El Salvador revoked their BTC legal tender law.

	▲	akimbostrawman 3 days ago \| parent [-]
		>value from popular decree and public trust There is very much a third way it can gain value and that is features. I and many other value mass acceptance below anonymity, privacy and decentralization. There is a small but steadily growing community of people accepting monero https://monerica.com There is always the way to swap them for other coins like bitcoin with all there drawbacks.