The scene with Matthew McConaughey at the table from The Wolf of Wall Street comes to mind when reading some of these posts.
It's all a fugazi, you know what a fugazi is?
Nothing is real until you cash out, or spend the Bitcoins, right?
um, no, you see its not like that, not the cash out part.
See the "Wolf of Wall Street" had no choice he did not have access to BTC so had to be in the fiat pool. The pool is closed.
Bitcoin becomes a harder currency than fiat, the point is you "don't cash out" of BTC, Society cash's out of FIAT . Eventually like with email from post. BTC / CC's will become the way business is done and payments are made.
Nothing is real until you cash out of old cash and into new cash BTC
BTC = cash/wealth 2.0
no gov can confiscate, tax it, stop you sending, tell you have it, sieze it, inflate it.
sure you can choose to self report in/ to various jurisdictions that say you have to and be taxed etc. But you don't have to and they have no way of making you. BTC and maths is jurisdiction agnostic & government agnostic