[jamesknelson]

Yes, it does, but some of us actually consider this to be a feature.

The issue with reversibility is that it’s not just reversibility - it’s also the power for the authorities to take your assets from you.

The question isn’t “do you want to be able to get your money back after it was stolen”, it’s really, “do you want the powers that be to be able to decide whose money it is.” We’ve been lucky to live in a world where “yes” is a reasonable answer. But there’s no guarantee that it’ll stay that way. And crypto is insurance against that possible change.

[RandomLensman]

In what way is crypto an insurance there? Typically, ruthless regimes are good at separating you from your assets. I don't see any of the typical methods not working with crypto. It's really only an insurance against marginally bad situations and there lots of other things work equally well.

[lottin]

To be clear, "crypto" is just a book that says these individuals own however many tokens. It doesn't guarantee that anyone will abide by what the books says. It doesn't guarantee that nobody will take your real wealth from you by force.