It's retardedly easy to transfer large sums of wealth anywhere in the world with crypto. And bitcoin is worth as much in South america as it is here. No banks, no wire transfers, no way for the government to stop you. Not a bad idea if you think you might need to cut your losses and get out of this failed state.
Crypto would need to be banned worldwide and all exchanges closed for it to be shut down. If Canada banned crypto, it would barely cause a blip in bitcoins value.
Also, the transfer from one wallet to another is tracked... but it would be really hard (if not impossible) to link a wallet to an individual.
It's retardedly easy to transfer large sums of wealth anywhere in the world with crypto. And bitcoin is worth as much in South america as it is here. No banks, no wire transfers, no way for the government to stop you. Not a bad idea if you think you might need to cut your losses and get out of this failed state.
Crypto would need to be banned worldwide and all exchanges closed for it to be shut down. If Canada banned crypto, it would barely cause a blip in bitcoins value.
Also, the transfer from one wallet to another is tracked... but it would be really hard (if not impossible) to link a wallet to an individual.