What exactly is "over the internet" and "overseas"? Aren't those real world countries, with real world legislation, where real world offerers of services can be jailed for using crypto? Or your entire argument is based that there will always be some exotic country (like El Salvador tried and apparently failed) will have a better view on crypto and also offer all services you might need?
Re:Solend seized $170M of user funds
by ReptileMan on Sunday June 19, 2022 @11:39PM
(#31806052)
By border I meant the point in which you have to convert the bitcoin to obtain something. The moment when you have to buy local currency to pay taxes, utility bills, food, fuel, clothes, pay toll taxes on the roads etc ...
A government can make it arbitrarily hard or illegal to do that.
Regurgitated “fiat” meme.
Counter-example 1: buying services over the internet. What fiat and where is the relevant border?
Counter-example 2: go overseas and use services. What fiat and where is the relevant border?
Arguments about fiat and borders are often silly. However, a jurisdiction can make crypto illegal or risky.