You are viewing a single comment's thread from:
RE: How Many People are Truly Using Crypto to Avoid Capital Controls?
Yeah i completely think bitcoin is being used as a store of value, but avoiding capital controls are a bit different. It is happening a bit but I think not yet on a mass scale. I definitely see it working on a mass scale in the future.
"Avoiding capital controls" sounds like exactly where the regulators are going to lay down their nails and rails. Dumb-ass rich folks may very well screw this whole thing up for everyone.
Too volatile to be considered store of value. Secondly, many people see only solid = material; using something so 'imaginary' might be a huge limit.