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There are tons of countries with severe capital controls where crypto is thriving.
by whimsicalism 3y ago
There are tons of countries with severe capital controls where crypto is thriving.
- XorNot 3y agoThere's also an endless stream of very surprised crypenthusiasts who owe large tax bills. The tax department may not get you on any given year, but they will eventually get you.
- whimsicalism 3y agoThere are thriving dollar and crypto black markets in Nigeria and Argentina. Government does not appear to be getting them. I am not talking about the irs as you seem to be imagining.
- nullityrofl 3y agoRight but _they_ are talking about the IRS. If the US government wanted to end crypto, they would give it a whole lot better shot than Nigeria and Argentina.
- smallmancontrov 3y agoThere are countries that can mount credible attacks by partitioning the largest mining operations and shutting down the largest on/off ramps, and there are countries with severe capital controls where crypto is thriving. The test doesn't enter hard mode until the venn diagram grows an intersection.
- mbesto 3y ago"tons"...which?