Kind of... The government can simply ban bitcoin in the same way they did with Gold in the 30s. There is some control in the table for sure. Tech doesn't solve politics. If you allow your government free rain, they can pretty much control anything you can think of.

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To your point, this is the reason for a No KYC stash. Do not allow your government free reign. There always has and will be grey / black markets, and at times utilizing them can be the difference between surviving and not.
No KYC helps but does not solve it. Your government doesn't need KYC to figure out you have illegal (in their definition) bitcoin and put you in jail. You have to play politics. Signing off from politics just because you have non-KYC bitcoin is a huge mistake.
There is value in increasing the cost of enforcement. Be a bit more slippery than the average shmuck. On some level, playing politics is the burden of living in a "free" society.
Government (Govern < Gubern < Kubern = steer) + (Ment < mentis = mind) voluntary mind control is not living. Yes, a lot of men waste their lives trying to manipulate other men. In the end their lives were wasted. This human life is not to be wasted by convincing other men to do your will.
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inventor 1 year ago
Like they banned drugs with the "war on drugs"? How that turned out?