you can transmit and/or exchange nonvirtual currencies anonymously, over the internet, in countries engaged in financial repression?
for example, if eventually (and i'm sure someone will figure out a way to do it) people set an exchange on a website that allows people to instantly or near instantly convert from pesos to BTC to USD, governments will find it nearly impossible to exert as much control over both the supply of foreign currencies available domestically, and the demand for their own currency.
Plus such transactions can take place regardless of the relative price of bitcoin - it does matter if it's .0000287 BTC/USD or 1000 BTC/USD, it's only serving as a vehicle. Also because BTC is being bought but then the same quantity immediately sold, the demand for it would be pretty unaffected.
This post was edited on 12/11 at 5:56 am