[badjeans]

> People need and want something like that to exist where they have complete control over their assets without any worries about government or institutions.

The government can always just make a law and take whatever it wants from you (or imprison you). Doesn't matter if it's from a bank account or bitcoin cold storage on planet Musk.

[solosoyokaze]

> Doesn't matter if it's from a bank account or bitcoin cold storage on planet Musk.

It's a lot easier for the government to pilfer your bank account, than for them to torture you to hand over your seed phrase (that is if they even know your real identity). Decentralization absolutely takes power away from the state. That's not even touching the truly anonymous crypto like zCash.

[badjeans]

They don't have to torture you, just hold you in contempt of court until you give it up. e.g.: https://en.wikipedia.org/wiki/H._Beatty_Chadwick

Works the same as with bank accounts or scamcoins.

[solosoyokaze]

They can’t take the money from me though. They can hold you in contempt and access your funds without your permission with USD in a bank.