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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

Ah yes "Our cyber money is valuable because you can flee the country with it." Very compelling. [/quote]

Like it or not it's a major selling point. There are trillions of dollars in wealth in countries with far less economic freedom than the US, and the holders of those trillions want investments their country can't get its hands on. Just look at the real estate market in Vancouver or New York. A significant percentage of buyers in those cities are wealthy Chinese nationals who aren't even interested in living in the property they buy, they just want somewhere to park their money that the CCP can't confiscate.  Bitcoin is no different - China can't confiscate your money if it's sitting on a hard drive in a safe deposit box in a NYC bank.  [/quote]

+1.  Obviously nothing is perfect, and bitcoin will always be vulnerable to the $5 wrench attack.  And if you’ve got $6 million in BTC you’re a target and will have a hard time.  But the ability to put some capital beyond the reach of confiscation-minded authorities has real value, and is a net positive in terms of human freedom.  [/quote]

"buy our cyber money so you can commit tax fraud" = innovation[/quote]

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