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That's why I specified 'electronic'. Moving physical items around the globe is obviously within the ability of an independent state, but it has logistical overhead. ETH/BTC is comparatively cheap to move.



But dictators don't want electronic things – especially the one whose very design imply them being fully traceable such as ETH/BTC.

If you are in the circles where having to move $10M illegally is a common occurrence, paying a guy $10k to take a train between Russia and China with a bag of cash and bribe the border guards another $10k is much better than trying to weasel your way through the KYC process of Coinbase.


No dictator is using Coinbase. Often they get their digital currencies directly, through other illicit activities. e.g. theft, scams, malware, etc.




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