Ooh yes it will, and it does. Ask the Nigerians, or the Turks, or the Greeks, Cypriots. Money decoupled from the state will set you free.
Discussion
TaMeR - Hard money is good. But those Nigerians, Turks etc are still subject to the laws of their state and any taxes due. In that sense bitcoin is simply a better hard money (used to be Dollars people in crap countries held).
Remember, BTC is a ledger. You can get in without KYC, but you can't get out (at scale. Sure, bitrefill for groceries, but a car? a house?).
Hey, I live in Turkey. You wanna tell me what?
That you should be up to speed on your tax laws if you plan to cash out your BTC to buy a house for all the money down. Or risk finding that BTC is wonderfully hard money, but still, just money. Not an invisibility cloak
I can't leave with more then $10,000 worth of Fiat. But I can leave with any amount of Bitcoin. That alone makes Bitcoin worth it.
Yes. I am long on BTC, but what you describe is simply that bitcoin is brilliantly portable. But the country you move to, will expect their taxes to be paid when you cash it out for a house.
If I decide to spend my Bitcoin in a state with real estate taxes, I will pay my taxes. The point is I will have money to spend. Without Bitcoin I won't.
No one can make me spend if I don't want to. As long as I don't spend no one will even know what I have. I will spend where I am treated fairly. Noon of this applies to Fiat.
Actually it all applies to fiat. It;s just easier with BTC. You are actually agreeing with my original preposition. Using it as hard money.
I don't get what your point is. We have people from Iran here in Turkey. All they could bring was Bitcoin. Fiyat, Gold nothing works like Bitcoin, not even close. No one can tax you by force with Bitcoin.
No one can tax you on your savings. Tax only applies on spending, such as sales tax.
That is plenty hard if you ask me. And we never had anything that even came close.