

It’s not the logs or the data which they would be monitoring with an encrypted no-logs VPN. What they would be monitoring, presumably, would be the fact that you are using a VPN at all. That’s also what they would be trying to block. They might try to block it by interfering with access to certain ports or blocking certain IP addresses, but there would be limits. Even China can’t stop all VPN traffic to get around its firewalls.





I’m guessing by fiat you mean government issued currency that is not backed by precious metals but by faith and credit of the issuing government.
They call it fiat because a government just declares how much of it there is.
Blockchain tokens are also fiat in this sense, it’s just that the protocol makes the declaration instead of a government.
The other notable difference is that I can buy things with USD or other government currencies. I can’t with blockchain tokens. I mean technically I can but they have to be converted first and the popular ones are mostly depictionary so you’re deeply disincentivized from using them as currency.
The value of USD comes from people taking it in exchange for goods and services, and the US government taking it as payment for taxes. The value of a Bitcoin comes from people giving you USD for it under the assumption that they can sell it for more USD later. Like a stock, but without the incidental fractional ownership of a corporation with actual capital.
It’s a cool concept though, and peer-to-peer digital payment is a good thing, but it cannot function as a store of value without a connection to the material world.