[ls15]

> EU

In 2013 the government of Cyprus decided to seize money directly from people's bank accounts. I would not call that stable.

https://www.theatlantic.com/business/archive/2013/03/everyth...

> China

In 2022, when some Chinese banks decided to freeze depositors accounts for shady reasons and debitors planned to protest the issue, authorities used Covid codes to block them from accessing the banks. That also does not seem stable to me.

https://www.reuters.com/world/china/china-bank-protest-stopp...

[tsimionescu]

You're speaking as if the second largest crypto exchange hasn't just collapsed, and had turned out to be stealing all of its customers' money.

[WinstonSmith84]

You're speaking as if gambling with other people's money was something new https://www.independent.org/publications/tir/article.asp?id=...

[ls15]

That's not the point. Everyone knows that crypto is full of scams and everyone tells you that you are supposed to hold your own keys instead of leaving coins on an exchange. Almost nobody tells you that keeping coins on an exchange is good practice.

[WinstonSmith84]

You forgot the truckers in Canada last year

[cocoland2]

The government has the ultimate say!, what happens if they order all ISP's to stop traffic to BTC trading sites (or even shutdown internet if it wills) Solutions like the great firewall exists that constantly "learn" and will lock you out immaterial if the government decides so.So the argument that BTC / Crypto will take me to the moon (SafeMoon) is wishful thinking

[oblio]

If a government decides you'll get a haircut, you'll get one, even if they have to take out the sheep shears to do it.

[ls15]

The Cypriots who preferred to store their cash in their pillow did not get the haircut though.