[achenatx]

you dont live in a failing economy or one where the govt intervention prevents the free flow of money.

1)chinese were able to smuggle money out of china

2)venezuelans are using it in lieu of their failed currency

3) criminals are using it to launder money and buy/sell illegal products

4) people are using it to send money across national borders without paying fees/tariffs (e.g. to mexico)

I remember not that long ago when the money supply was about 6T. Now with 30T in debt that automatically becomes the defacto money supply. Crypto can act as a stable store of value because all fiat is inflationary, though it is incredibly volatile now.

[thehappypm]

These are four reasons why the governments of the world would want to ban crypto.