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You could already own land, houses, cattle, ownership shares in companies that produce useful goods other humans want, all things the government doesn't control
by nonameiguess 6y ago
You could already own land, houses, cattle, ownership shares in companies that produce useful goods other humans want, all things the government doesn't control. If the concern is the government could potentially seize control of those things, sure, but a sufficiently malicious government can seize control of you and no amount of magic numbers on a USB stick is going to stop them.
- seibelj 6y agoAll of that is at the whim of governments and could be seized. If properly stored no one knows you even own bitcoin let alone would steal it. Land is probably the most dangerous asset of all from a fear-of-government perspective.
- missedthecue 6y agoI predict his reply will be that your property rights to land, cattle, homes, and common equity are protected by governments.
- sodality2 6y agoDing ding ding!
- MonsterBurger 6y agoYou were right!
- cma 6y agoIf people find out you own a lot of Bitcoin you are relying on governments to protect you from theft, blackmail, kidnapping schemes, etc.