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> The govern can simply turn off your money for any reason. This obviously happens so often /s
by ninepoints 3y ago
> The govern can simply turn off your money for any reason.
This obviously happens so often /s
- matheusmoreira 3y agoHappened in the 90s where I live. Hyperinflation set in and government just froze everybody's accounts in a desperate attempt to stop it. It's 2023 and people are still afraid it might happen again, especially with a literal communist in power. Cryptocurrency is absolutely valuable as a defense against government idiocy. That fact cannot be denied.
- ninepoints 3y agoAnd an easy way to lose everything because you sent tokens to the wrong address, forgot your passphrase, lost your hardware ledger, fell prey to some scam or another, house burned down, etc.
- matheusmoreira 3y agoSure. Doesn't negate the benefits though.
- ex3ndr 3y agoThis is all solvable and in fact solved, just not integrated in the wallets.
- robocat 3y agoFind “ el corralito” in this article: https://www.freethink.com/hard-tech/crypto-argentina-black-market-cash https://www.freethink.com/hard-tech/crypto-argentina-black-m... The article explains why cryptocurrencies are in use in Argentina despite the risks: mostly because Pesos or USD can have worse risks.
- johngladtj 3y agoHappens all the time.