Yes and no, both. That really depends on what government and what control.
But anyway, the amount of value you can provide there is severely limited, as you can only at most undo the value your government is destroying. You can't ever get in a better situation than what you would get with a competent liberal-ish government and no cryptomoney.
That means some business can exist there, and a small amount of it can even be morally acceptable. But it is completely different from the internet boom.
> You can't ever get in a better situation than what you would get with a competent liberal-ish government and no cryptomoney.
And what if you have only an incompetent authoritarian government? How would you help fight citizens of those governments? Crypto is a great tool there. Just because there are insufferable crypto-bros peddling shitcoins to make a quick buck doesn't mean entire Crypto field is useless. That'd be like blacklisting the entire data mining field because surveillance tech and adtech exist.
But anyway, the amount of value you can provide there is severely limited, as you can only at most undo the value your government is destroying. You can't ever get in a better situation than what you would get with a competent liberal-ish government and no cryptomoney.
That means some business can exist there, and a small amount of it can even be morally acceptable. But it is completely different from the internet boom.