Yes, but unless the government becomes significantly more tyrannical than they are at present, bitcoin is a useful tool for dodging asset forfeiture. For exampl

Yes, but unless the government becomes significantly more tyrannical than they are at present, bitcoin is a useful tool for dodging asset forfeiture. For example, your private keys could be distributed amongst n of m gangsters/wife/sons/lawyers/whatever including foreigners. Implemented correctly, it's much much more difficult to steal or seize than cash while at the same time being much much easier to smuggle to places with no extradition where money trumps the rule of law.