[pa7x1]

If you ascertain some value to the permissionless and self-custodial value of cash. And you see value in the internet's ability to connect the entire world. Then it follows immediately that you see value in cryptocurrency.

Because you cannot use cash to transact globally, and you cannot use digital forms of central bank issued currency permissionlessly or have self-custody. Cryptocurrency gives you all those three properties.

So you must give up something. HNers typically are willing to give up the permissionless and self-custody properties. After all, most of HN audience lives in developed democratic countries where personal freedoms are considered fundamental pillars and protected. But at a minimum you should consider that, not all the world lives under those circumstances. And that there are no guarantees that those circumstances will always be preserved in your cozy first world country. Certainly if you are willing to give them up so easily.

Don't be so quick to assume it cannot happen where you live. One day they may go after some fringe truckers protesting in Canada. Another day they may go after some camgirls earning a living in ways that some executive board of a payment processor considers reprobable. Maybe one day they will tell you in what you can or cannot spend your money or where you can invest it and how much.

[troupo]

> If you ascertain some value to the permissionless and self-custodial value of cash. And you see value in the internet's ability to connect the entire world. Then it follows immediately that you see value in cryptocurrency.

Those two separate sentences do not immediately team up to somehow lead to the third sentence.

> After all, most of HN audience lives in developed democratic countries where personal freedoms are considered fundamental pillars and protected.

As do most crypto proponents who imagine the world outside the "enlightened West" as barbaric lawless lands governed by roaming bands Mad Max-style.

Even though than we can take a popular online service that people pay for and see in which countries it's available. For example, Spotify says it's available in 238 countries and territories: https://support.spotify.com/us/article/where-spotify-is-avai.... It does not accept any form of crypto currency as payment. This means that people in these countries have enough financial institutions and methods, and enough security to be able to pay for an international music streaming service [1].

> Maybe one day they will tell you in what you can or cannot spend your money or where you can invest it and how much.

Or some day the Mad Max-style roaming gang will break down your door and steal all your cash. Or break all your fingers until you give them access to all your wallets.

[1] The number of ways people pay in various countries is staggering. See e.g. what Adyen (the payment integrator that companies like Spotify, Uber, eBay etc. use) has integrated with: https://docs.adyen.com/payment-methods/ and https://docs.adyen.com/unified-commerce/pay-by-link/supporte... and https://docs.adyen.com/point-of-sale/what-we-support/payment...

The complete willful ignorance and obliviousness that the absolute various majority of crypto proponents exhibit is no less staggering.