[dadoge]

Tell that to people in Nigeria, Venezuela and Argentina that have no control over their money.

In Venezuela there is absolutely absurd inflation number there: like over 1,000%.

Argentina it’s over 30% each year for several years.

Bitcoin is a tool against oppressive governments

[hervature]

You should actually talk to people from those countries. The minority of them are doing anything substantial in crypto. Only those fortunate enough to transact with a foreign entity. The others use the much more robust system of bartering.

[jedberg]

Or just using black market USD or EUR.

[zx2391]

True, and people can use it today, that's for sure.

[rossjudson]

Sure, fantastic. Why should it be legal to exchange bitcoin for US$? Or euros?

[qualudeheart]

That sounds like a burden of proof shift. Why should that be illegal in the first place?

[rossjudson]

Because it's used to launder money for crime, destroy the environment, and supports the cringiest, most juvenile libertarian derp (thanks Krugman!) about freedom from the tyranny of money banking government taxes or whatever.

[qualudeheart]

Well, as Rothbardian I think that would be an acceptable cost even if it were empirically true enough to matter.