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It's not the number that was stolen that's important. It's the principle that a government would be able to do such a thing in the first place.
by Cyberdog 9y ago
It's not the number that was stolen that's important. It's the principle that a government would be able to do such a thing in the first place.
- JumpCrisscross 9y ago> It's the principle that a government would be able to do such a thing in the first place What makes you think your government couldn't seize Bitcoins from Coinbase or knock down a door and seize a hardware wallet?
- Brockenstein 9y agoConsidering the U.S. Government has already seized millions of dollars worth of bitcoin I can't believe anyone would try to float "safety from gubberment theft" as a feature. People in bitcoin who are government proof are about as common as people running console emulators and not violating any copyright laws in the process.
- Cyberdog 9y agoNothing. Governments do this kind of shit all the time, I know. But at least with the Cyprus bank case and those like it, all it involved was legislation (or maybe not even that; not sure of the particulars) plus compliant lapdog banks, plus the unspoken understanding that the government "owns" all the official money anyway and just lets us use it from time to time. Yes, as long as we are subject to a government, we are subject to its theft and violence. We can at least not make it so easy for them, though.