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Yes, you can exit your crypto when you are deported from your local fascist regime. Crypto is immune to this because it's not tied to the value of one sovereig
by nyc_data_geek1 2y ago
Yes, you can exit your crypto when you are deported from your local fascist regime.
Crypto is immune to this because it's not tied to the value of one sovereign currency, or any particular polity or another.
I am not talking about the utility of cryptocurrency to large financial institutions. I am talking about the utility to individuals as their nations gradually become insolvent and austerity fails to placate the robber barons, ultimately leading to currency collapse.
Look at the localbitcoins volume data for Argentina, for instance.
https://coin.dance/volume/localbitcoins/ARS https://coin.dance/volume/localbitcoins/ARS