Locking you away is completely orthogonal to the government being able to remotely seize your money, freeze your bank account, etc. at the end of the day the go

Locking you away is completely orthogonal to the government being able to remotely seize your money, freeze your bank account, etc. at the end of the day the government physically does not have the power to take your money away from you. That is valuable regardless of whether you are locked up or not. Say I’m locked up because the government doesn’t like some political speech I made. They are trying to take my money but can’t. They lock me away forever, but before I went away I shared my encryption password with my uncle. My uncle has control of my money now and can move it wherever he wants. The government has no say in what he does with it. They don’t even know that my uncle is in possession of my passphrase until he decides to do something with it. >Most importantly this virtue is worthless for a US state which can trivially do any business it needs doing in USD My comment was explaining why Bitcoin has intrinsic value. The main reason TX would buy it is exactly the same reason they would buy gold. Governments all over the world buy and hoard gold for very good reasons. It’s simply a thing that you can invest in that has performed extremely well. It resists inflation in the exact same way that gold does. It also has extremely low overhead to manage and protect.