Yes, but what can I do with that other than toot/tweet/twit at other people and buy LSD tabs?
https://www.nucypher.com https://filecoin.io https://alice.si https://www.augur.net
With IPFS you can host and access files that can't be censored. (same level of censorship resistance as torrents)
With Monero you can transact free from surveillance.
The biggest applications on Ethereum right now is decentralized finance, with billions of dollars locked in.
Private keys can be confiscated like anything else. They won't do you much good if you're thrown in prison for not turning them over if legally compelled. Sure you can try to hide your ownership, but my point is that actual cryptocurrencies are only one layer of very deep opsec you need to resist state actors. For the common illegal goods consumer it's unlikely to do much more than provide a false sense of security due to other opsec failures (use of phones, use of cookies, use of mailing addresses, use of non-e2e chat, using a hosted wallet, lack of anonymous vpn, etc etc etc).
> The biggest applications on Ethereum right now is decentralized finance, with billions of dollars locked in.
Interesting use of "dollars." How much is actually Tether? How much is manipulated market cap (through wash trading or more convoluted defi mechanisms)? How much is actually liquid USD?
Can the government seize Bitcoin directly? No.
Can the government seize your bank account directly? Yes.
Can they threaten you with jail if you don't hand over your Bitcoin? Yes
So the killer app for bitcoin is owning bitcoin?
