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First you must have another nationality to use its passport.

Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations).

This will not work in Europe, though, where anything financial has a question about you being a US national - and things get gross if you are. I don't know if you have such questions elsewhere.

One more comment following the downvotes.

There is one single country in the world that bullied its way into imposing its tax regulations into the heart of European banking systems.

If you have similar tax regulations in any other country in the world, it has zero impact on you in Europe (say if Vietnam required double filing like the US and you were German-Vietnamiese, you could ignore them when living in Germany because no bank will ask you "are you a Vietnamese citizen?")

This is too say that Europe has been a doormat when it comes to such extraterritoriality and this is slowly changing over the last US presidency. At last.

That title tells you that neither the person making that comment nor the one that gave them the time of day ever lived or know what it’s like to be in an actual dictatorship and it’s disrespectful to those who did. If this is a dictatorship then wow, North Korea must be great.
I would never, ever renounce my citizenship voluntarily. It gives me access to what I call home, my friends, my family, a massive job market. Politics are a bit rough right now but imagine if that clears up in ten years time and you can't go back. Keeping my passport will always assure that I can get back to The Netherlands.
Your Dutch citizenship doesn’t come with an obligation to laboriously file taxes to your home country even if you live abroad, and you are in no risk of being denied a bank account in any EU country. This is something US passport holders uniquely have to deal with, hence the phenomenon of dual citizens renouncing the US citizenship.
The efforts to divide and weaken the western world have been so massively effective that I sincerely wonder if there is not a state-sized adversary orchestrating all of it for years or even decades. The myopic glee with which people deconstruct their civilizational home from within is astounding, and it is hard to believe that is organic.
Though I don't agree with them, I do salute them for making drastic sacrifices for their beliefs. Too many people do nothing more than post angrily online about how somebody else should do something about problems.