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by josmar
637 days ago
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Ultimately I can memorise 12 words representing my private key. And when the dictatorship finally ends, or I manage to flee, no government can ever freeze my money. No tax man, no dictator, and no other thief can distinguish someone who memorised 12 words from someone who didn't. |
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No government can freeze your bitcoins.
It's not money.
You might find it ever increasingly difficult to change bitcoins to real money if a country -- or multiple -- is against it. No such thing happens currently but there are constant efforts to bring KYC and so forth to exchanges.