4 ms·
With more civil asset forfeiture, bitcoin is the only easy to store value, gold can be seized
by homero 9y ago
With more civil asset forfeiture, bitcoin is the only easy to store value, gold can be seized
- jrimbault 9y ago"They" need only seize you and beat you with a wrench to get your passphrase/convoluted security mechanism(s) protecting your private key(s). Or just pass a law requiring you comply or else.
- 0xfeba 9y agoBitcoins can and have been seized.
- emodendroket 9y agoBesides the objection that government Bitcoin seizure is not impossible, consider your threat model. You arguably have less exposure to government seizure (again, questionable, to me), but you have far more exposure and less protection from more prosaic kinds of theft and fraud, which I think most of us are far more likely to encounter.