True. A lot of people down in Venezuela found crypto to be a life saver. I see the government down there just added a new "tax" on every transaction, 30% I think it is. That will make a lot of new 'criminals', if discovered. I would think local businesses would have a problem with their bookkeeping and inventory reconciliations.
I just checked and Venezuela does tax food sales, probably the most important function of crypto in that country. Something can look a little fishy to the government if no food is being sold, on the books. Also, I can imagine they less stringent interrogation rules than we do.
” lot of people down in Venezuela found crypto to be a life saver.”
The US and Canada DO NOT have 3rd world monitoring and tracking capabilities staffed by regime loyal incompetent hacks.