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by gostsamo 1598 days ago
Yes, but if you want to get money, you need to announce your address somehow and the government can forbid dealing with addresses that haven't announced themselves.

So, you can try to have an btc address, but you cannot announce it publically, nobody will be able to deal with you, and you won't be able to getthe money out. This will default to imperson dealings and understanding of trust just like before the blockchain.

1 comments

Right, but that has nothing to do with Metamask. Second, I think at some point the question of "getting the money" out isn't right one. If you are a proponent of crypto and decentralized finance, it isn't necessarily to spend it in "meatspace" or convert it in fiat.
If the coins are not a legal tender, having them will mean nothing. In order to enjoy them, you will have to sell them. People won't be able to sell you goods and services, because of the tax man, so you'll be able to get for them only stuff that is as unfungible as the coins themselves from people who will be able to use them for other such items. This is much worse market to be in compared to the rather liquid and accepted currencies.