To take your bitcoin (or monero) they will actually have to show up to your door with weapons. This is much more expensive and prone to failure for the government or other authorities than simply freezing your assets on a bank.
Note: I am aware that they can blacklist bitcoins and trace them nearly perfect nowadays, which can make them somewhat useless even if you still own them. With Monero, this is made far more difficult.
So by that logic monero is a perfect laundering mechanism? If a criminal (ransomware/kidnapper/bloody kleptodictator) simply exchanges dirty money through monero then law enforcement can't prove anything to stop them, so they can create a comfortable life for themselves while continuing the crime right?
Yes, I think the government absolutely will try and it's quite probable they will succeed. But why not offer human beings the _chance_ to flee tyranny with their livelihood?
Consider jews fleeing Nazi Germany. Should they have been allowed to escape with their assets? Would the world be a better place had they been able to?
How about we create better systems for refugees to gain access to safety and citizenship instead of consigning them to a rickety shadow financial system? Are you putting this much energy into, say, opposing border walls and supporting marginalized communities?
alwayslikethis|3 years ago
Note: I am aware that they can blacklist bitcoins and trace them nearly perfect nowadays, which can make them somewhat useless even if you still own them. With Monero, this is made far more difficult.
throwaway290|3 years ago
siftrics|3 years ago
Consider jews fleeing Nazi Germany. Should they have been allowed to escape with their assets? Would the world be a better place had they been able to?
maxbond|3 years ago