In practice you need a bank account to use bitcoin, there's essentially nobody who uses bitcoin that doesn't have a bank account, so the "no intermediaries" thing isn't really meaningful, nobody cares about this.
In practice you need a bank account to use bitcoin, there's essentially nobody who uses bitcoin that doesn't have a bank account, so the "no intermediaries" thing isn't really meaningful, nobody cares about this.
[0]: https://www.bitcoin.com/get-started/how-to-locate-and-use-a-...
[1]: https://coingeek.com/localbitcoins-restricted-to-only-10-sta...
LocalBitcoins is not practical, nobody wants to meet up in the streets to trade cash for bitcoins.
The Canadian truckers didn't have bank accounts for a moment (maybe still ongoing). As financial prosecution, eventually algorithmically (have you seen on the threads on HN recently about people getting permabanned from various services for seemingly no reason?) ramps up, and CDBC rolls out...
There is no constitutional guarantee for the freedom to use payment networks so this inevitably will be used as leverage for compliance with anything governments/national banks want
It was Canadian truckers yesterday, Russians today - are we so naive to think it will be nobody tomorrow? Or are we ok with the exiling of people from society as long as its somebody we don't like?