Bitcoin represents the strongest property rights that have ever existed.
It is trivially easy for a government to steal someone’s USD, AUD, etc. It can be harder for a government to steal someone’s gold. It can be even harder to steal someone’s Bitcoin. In addition, it’s nearly impossible for the government to stop me from transferring my Bitcoin to whomever I damn well please.
@prologic@twtxt.net I think practice is proving this one. In addition, I’ve heard of reports of folks memorizing their seed phrase, uninstalling their BTC wallet on their phone, crossing the Venezuelan border, proceeding to reinstall it, and restoring access to their wallet using their seed phrase. Try that with Gold or fiat.