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by evnn 3006 days ago
> it also protects you in cases where someone holds a gun to your head and forces you to make a transaction.

No. The only case when someone ever threatened to hold gun to my head and demanded money was taxation. With cryptocurrency it's possible to avoid that, because they don't know how much money you have. And even when they do know, it's much harder for them to take it, they need to know password.

1 comments

But in reality no one has ever held a gun to your head because of taxes.
Because there's no point in going through all the steps, but that's exactly where it would end if you absolutely refused to pay taxes and refused to pay fines or go to jail for not paying.
I fail to see how having a gun to your head is in any way true. Can you give any examples of this happening?

Tax evasion is a crime and you should go to jail (you are exploiting the benefits you have received from society). But big companies find tax loopholes all the time and they go to white-collar prisons or get away with it anyways.