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And private citizens don’t like it when judges order their money to be taken without warning or consent. I was just saying that crypto gives people options tha
by downandout 9y ago
And private citizens don’t like it when judges order their money to be taken without warning or consent. I was just saying that crypto gives people options that might enable them to maintain more control over the situation than they would have if their money is just sitting in a bank.
- balls187 9y agoDo judges seize property without a legal reason? Certainly the police seize property citing dubious reasons, but are there examples of judges seizing financial assets without legal authority to do so? Police can use civil forfeiture to seize property; but can't use civil forfeiture laws to compel you to give up your gmail password. That requires a court order/warrant. Hence the original comment about a judge could compel you into turning over your BTC Wallet.
- downandout 9y agoDo judges seize property without a legal reason? Whether the reason is valid or not doesn’t matter much to the target of such an order. They still lose access to their funds. People who care about that possibility may want to take steps to make it more difficult for someone to do this to them. That’s all I was saying.
- balls187 9y agoOkay, thank you for the clarification, I understand your point better.
- Daishiman 9y agoPrivate citizens aren't above the law, tough guy.
- downandout 9y agoAs a practical matter, they are if their encryption can’t be broken.
- Daishiman 9y agoAs a practical matter, you get held in contempt of court until you decrypt stuff, and God help you if you're in the UK where they can hold people if they have a suspicion that you're hiding something.