This is quite irrelevant to the vast majority of Earth's population. I know some Americans consider the US to be the center of the world, but I doubt that sentiment is prevalent in Russia of all places.
> Perhaps it's not as life altering as jail or fines, but still: no holidays in Florida or Hawaii. No meeting peers at a congres in the US. Not even using flights from American carriers to go to South America, as they will likely pass via a US hub.
This is both telling, and curious. The kind of mental model of the world required to foster this as a concern for most people, is interesting.
Look at the risks involved in having central banks as the final counterparty for all our government's fiat monies: [0]. This is why increasingly companies, banks, pension and insurance funds, and governments are turning to it a a pristine global digital collateral with no counterparty risk.
“The key question facing Bitcoin nearing the onset of 2022 is whether it’s peaking or simply a consolidating bull market,” wrote a recent Blomberg Intelligence report[1]. “We believe it’s the latter, and see the benchmark crypto well on its way to becoming global digital collateral in a world going that way.”
[0] Consider the multiple hyperinflation disasters of the 20th century, I.e., the century of central banks. https://wtfhappenedin1971home.files.wordpress.com/2020/01/do...
[1] https://assets.bbhub.io/professional/sites/10/1489771_Crypto...
Perhaps it's not as life altering as jail or fines, but still: no holidays in Florida or Hawaii. No meeting peers at a congres in the US. Not even using flights from American carriers to go to South America, as they will likely pass via a US hub.
Worse. If they ignore the whole thing, at some point they will get condemned of contempt of court. That's a criminal offense. That means you can try and get interpol involved. Once you have an interpol Red Notice to your name, international travel to any civilized country becomes complicated.