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> the government can knock down your door and gently rubber hose Yes, but that requires more effort than just saying "hey bank, freeze that guy's account" or s
by young_unixer 5y ago
> the government can knock down your door and gently rubber hose
Yes, but that requires more effort than just saying "hey bank, freeze that guy's account" or saying "Hey central bank, just print money like there's no tomorrow"
> Indeed, there's probably a strong positive correlation between "legitimately afraid of the government taking my money" and "my government wouldn't bat an eye at torturing me to get my bitcoins."
I don't think the correlation is that strong. Government taking your money, or shenanigans like the Argentinian corralito (against 100% innocent people, mind you) can happen even in democratic countries, but it's stranger, and requires more resources for the government to torture you, including psychological torture.