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Yeah, if the government wants something then it's going to get it. There's this, obviously, and you're right: https://xkcd.com/538/ https://xkcd.com/538/. I am
by beaner 8y ago
Yeah, if the government wants something then it's going to get it. There's this, obviously, and you're right: https://xkcd.com/538/ https://xkcd.com/538/. I am not advocating that crypto can help you bypass the law. But at least in the instances you're talking about, I would hope there would be due process.
There is no due process for civil asset forfeiture. If your money's on your phone, maybe they'll seize your phone, but you'd still have your keys, and that would not be illegal.
Typically they just see physical cash and take it. They take it because they see it, and it's theirs immediately. This is the type of theft that crypto helps prevent.