The ability to have assets that can't be frozen by a bank or government beaurocr... | Hacker News

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		concordDance on March 11, 2023 \| parent \| context \| favorite \| on: FDIC Takes over Silicon Valley Bank The ability to have assets that can't be frozen by a bank or government beaurocratic fuckup is utility.

nvr219 on March 11, 2023 [–]

Not really because the assets can totally be frozen by the exchange. The people who have money in crypto that disappears don't care if that was due to a government action or due to whomever is in charge of enough servers.

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