[floundy]

Okay, and next month the Argentine president could impose a withdrawal limit or complete block on accessing crypto exchanges (which most people will be unable to circumvent), apply strict individual and business criminal penalties on bypassing these and trading crypto P2P, and even set up honeypots to arrest those trying to trade and cash out crypto in-person.

The idea that an overreaching authoritarian government will just sit there scratching their heads and admit defeat to a decentralized database if they truly perceived crypto as a threat is hilarious.

[Finneyfamily]

Yes, but the hope that an alternative exists should be celebrated. And not only in weak democratic countries.

See also: https://world.hey.com/dhh/i-was-wrong-we-need-crypto-587ccb0... for a strong case of why it's important for universal human rights.