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It depends on what you consider "side-step the law". If you encrypt your communication so no one can't read it, but the government didn't demand you not encrypt
by DickingAround 8y ago
It depends on what you consider "side-step the law". If you encrypt your communication so no one can't read it, but the government didn't demand you not encrypt it.. are you side stepping the law? That's kind of what crypto is like buying regular stuff; you're protecting your money (it's value and your right to trade it as you see fit) even though no one is trying to take it at this particular moment.
- Swenrekcah 8y agoWell, people don’t have the unconditional right to trade their money as they see fit.
- DenisM 8y agoI'm trying to find mainstream adoption drivers. Securing your money against possible future government intrusion is akin to prepping, hardly a mainstream way of life. Even the prepper community itself is more likely to stockpile gold and ammo instead of crypto currency. There isn't much room left in between the regulars and the preppers to provide demand for crypto currency.
- DickingAround 8y agoThe mainstream driver is going to be some form of 'disaster'. it can be as mild as 1970s style inflation or a 2008 style crash. It can be as severe as a long-ailing Brazilian Cruzeiro or 1998 Russian debt crisis. (People will bring up Germany or Austria after WWII but that really was a unique situation with reparations, occupation, and bad decision making). Prepping makes sense to the mainstream once they experience a disaster. And those disasters are being manufactured even now by mis-management of debt.