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Crypto is only effective in that regard if you're able to opt-in. The problem is, you eventually need to interface with the fiat currencies for your "wealth" to
by yzmtf2008 9y ago
Crypto is only effective in that regard if you're able to opt-in. The problem is, you eventually need to interface with the fiat currencies for your "wealth" to be useful. The first step an oppressive regime would do is to just ban exchanges.
Acquiring this "wealth" of crypto would be impossible in an oppressive regime in the first place.
- crypt1d 9y agoyou dont really need to go to an exchange to get crypto. Lots of OTC sellers, miners, etc. There were actually a few news articles about people in 3rd world countries that survived thanks to btc, though I can't find any at the moment.
- stale2002 9y agoThen don't use an exchange? Lots of people do person to person transactions.