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by dwater 1587 days ago
Any evidence that this represents the common man freeing himself from the economic authorities and not just the privileged class using it for capital flight and tax evasion?
2 comments

C'mon

The real priviliged class uses regular banking, private banking services[0], they don't need bitcoin.

It's the Engineer in Nigeria trying to conserve his 5 figures at most wealth for his family who needs Bitcoin.

The 7 or 8 figures guy just calls his nearest bank and they will give him the whole package and even launder the money for him.

[0] https://www.investopedia.com/terms/p/privatebanking.asp

Any evidence this is the privileged class using it for capital flight and tax evasion and not the common man freeing himself from the economic authorities? In my opinion it doesn't matter. Good for all involved who are taking back control of their wealth
Putting your money into Bitcoin is the opposite of "taking back control".