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Old 05-11-2021, 09:38 PM
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MattTuck MattTuck is offline
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With that privacy bit out the way, the main reason people will say pay me in bitcoin is because once you've sent the funds, the cops can't claw it back. It's gone.

Also noting that if you're in Russia, you probably don't care - Western authorities have little sway. And Bitcoin is relatively easy to access for the layperson with support at all trading exchanges.
Just to add to this section, the exchanges are where any future regulations will impact. Not on the algorithm itself. I am sure coinbase will turn over coins, keys, and names when faced with a warrant. The government has seized bitcoins related to the silk road (really they just got the encryption keys).

If you want to avoid entanglement with law enforcement, best to do it directly on the block chain yourself and keep your keys very hidden.
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