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Here are a couple of other scenarios where having BTC works as an advantage: 1. The government doesn't know you have any money, but you are targeted in a rando
by topmonk 8y ago
Here are a couple of other scenarios where having BTC works as an advantage:
1. The government doesn't know you have any money, but you are targeted in a random search.
2. The government does know you have money but doesn't know how much. Simply give them X out of Y cryptocurrency keys. They won't know you have any more.
I don't know how much exposure you have to tyrannical regimes, but they aren't as efficient as you seem to think, in that they don't really have much grasp on how much money people own, nor are able to find out instantly.
They also do care about how they are perceived and aren't going to grab some tourist and with no proof whatsoever, torture him to death because he might possibly have some cryptocurrency.