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by huijzer
892 days ago
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Apart from some edge cases, Western democracies have quite solid property rights upheld also by the judicial system. But yes if you’re in Russia or China then this argument is moot. They have much less property rights. However, Bitcoin is also not a solution because there is no point in owning Bitcoin if you fell trice out of a Russian window or are sentenced to a labour camp or to the death penalty in China for "fraudulus activities“. Difficult to spend your Bitcoin in both cases. |
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Not that I am a crypto supporter, but the current western based financial system hegemony is good until you are have wrong name, religion, country... etc.
[1] https://www.bloomberg.com/news/features/2023-08-16/british-m...