3 ms·
Which jurisdiction do your bitcoins really reside in any way? Someone’s bitcoin are always on the blockchain; the private keys required to move or spend them r
by alwillis 6y ago
Which jurisdiction do your bitcoins really reside in any way?
Someone’s bitcoin are always on the blockchain; the private keys required to move or spend them reside in the jurisdiction with whoever has those keys.
- lumost 6y agoI can have bank accounts in multiple jurisdictions. If I print off the private key and send it to a safety deposit box in Canada are the BTC still under American jurisdiction? An institution could maintain copies of the keys in multiple jurisdictions for business continuity purposes. If push came to shove it would be tough to ascertain when the BTC moved borders.