Fuck compliance with local laws, what's the good of a law that some are exempted from upholding?
The current system of governance is quite terrible, the sole reason we have great things being dreamed up, structures being developed and ideas materializing but yet still feel little to no impact at all is because the system is designed to extort, not offer or allow value flow.
The system is designed to restrict value flow, the “age of abundance” has never existed since the garden of Eden and Adam and Eve had to go fuck it up even while having just one job.
As funny as it might sounds, it's actually on the flip side, so many people are locked or closed off from the world, even the ones that seem free(the US) are still in a cage, either bound to debt slavery or groomed into gang violence, at the end of the day, it all leads to value flowing into the establishment, sure, it's not so obvious but it's there.
Should we even begin to talk about the restrictions that there are within the banking system and what roles it plays in hurting productivity?
Look at a company as PayPal, as much as I am not a fan of their business, they at the end of the day hold great influence leading to most structures integrating with PayPal for processing payments.
You would imagine that all nations would opt to make this software accessible to their people for global value flow but on the flip side, some do not allow citizens to receive funds through PayPal but weirdly, allow them to spend with it, ain't that just madness?
Keeping you small and excluded means being able to extort you
The only reason someone would want you small is so they can extort every ounce of value in you. Most, if not all of these nation-wide governmental systems are built this way, this is really just a practice to remain in great power.
I mean, think of it for a bit, if the armed forces were earning pretty well, do you think they would want to continue fighting till there's no life left in them? Statistics will tell you that Lawyers make more money than Armed forces personnels, almost even higher than a doctor's earning.
But shouldn't these two professions - Doctors and Armed Forces Personnels have higher incomes?
Well they should. The Internet will tell you that Doctors earn more than lawyers but I will suppose that those are just payments recorded on paper, I mean, this is the so-called “legal system” we're talking about.
And even the Doctors, the richest of them are really just those involved in unethical practices, organ harvesting, assassin with a siringhe because the system's design leaves one vulnerable to being extorted or he gets into the game and extort others, this is why the armed forces take bribes and sometimes forcefully.
Crypto's Inclusion Could End Many Of This
To be clear, crypto will not stop people from being bad, obviously, but let's say we ignore the unethical big industry players and focus on the little guys that have been totally closed off from the financial world and obviously, are not ready to get their hands dirty to get in.
Crypto offers access to a world of opportunities, can't receive PayPal payments? Negotiate crypto payments with your employer. In the process, you cut off so many banking fees - of which, in many countries, it's crazily high that at the end of the day you'd have paid close to or over 20% of your transaction value as taxes.
The financial inclusion, which really just opens doors for further global inclusion that crypto and blockchain technology offers is the primary threat to the government's business model that has been working for decades.
The reason we're yet to have any clear laws to effectively regulate crypto is because they are yet to find ways to extort people with it, and at the same time, cannot stop it because there's really no way to and that only just closes off an opportunity for them to channel more money into their pockets.
The biggest crypto and blockchains use-case is “inclusion”, this is why every crypto asset, shitcoin or not, has this fundamental atom of value in it.