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I don't think asset freezes are high on most people's agenda in first world countries. And the developing world does not have the GDP to move how things are don
by RandomLensman 4y ago
I don't think asset freezes are high on most people's agenda in first world countries. And the developing world does not have the GDP to move how things are done in the large economies for now.
- roenxi 4y agoSure it is. Every so often the government rolls in and reallocates wealth to the wealthy - eg, as happened in '08 and is famously memorialised in the Bitcoin genesis block. Dealing with asset shenanigans like freezes is exactly why the crypto project started. If you've got no assets then sure, ignore that. Otherwise it makes sense to start tallying the risks against government seizures. Plus asset freezes are on the cards for shutting down protesting truckers. If we're living in a world where the Canadian government can attack truckers (of all people) with asset freezes why can't it happen to you or me? I don't see the much difference between myself and a Canadian trucker. I suppose I couldn't handle working hard for more than about 6 hours at a time.
- RandomLensman 4y agoDo you have any data backing up that asset freezes are high on most people's agenda? Where I live certainly it is not, doesn't even show up in any surveys etc. and the asset freezes at Canadian truckers are/were not really much of a news item (living in large European country). I can see that trust in banks has eroded a bit (still surprisingly high) but asset freezes or seizures are not a thing in the public eye where I live. I can believe that for some people the topic is high on the agenda, but really "most"?