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Crypto"currencies" are not the only way to store value when an official currency is failing: people who want their savings preserved can get USD, EUR, gold.

Crypto *is* volatile and wasteful compared to any of those.




All of those things can be tracked and confiscated - crypto is a lot harder. It's volatile, but it's significantly more secure against state actors.


It is actually less harder than FIAT (except Monero), if you want to track spending of corrupt politicians, not fungible cryptocurrencies as BTC are great tools.


You still need to attach final wallet(s) to the user, but in any case, I assume they would use Monero (or another privacy coin).


Yes, and they should be, in order to deter and punish crime.


who defines what a crime is? Isn't it the same government that at some point decides to confiscate your assets?

https://en.wikipedia.org/wiki/Kulak


Inflation already affecting USD. All fiat currencies are inherently inflationary. Thanks but no thanks.


To paraphrase a relatively popular Twitter account ~

Behind every dollar is an unspoken promise that the US Marines will evacuate you middle of the night anywhere in the world if shit hits the fan.

Which has been recently proven to be quite an assumption.




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