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> There is no easy way to force someone to give it up Isn't it about as difficult as asking someone for their cash? People aren't happy to part with it, but th
by lucb1e 5y ago
> There is no easy way to force someone to give it up
Isn't it about as difficult as asking someone for their cash? People aren't happy to part with it, but the $5 xkcd wrench usually does it.
You can hide a paper wallet or storage medium in a sock at a friend's house, but that's no different from cash. Cash is also easy to spend anonymously; try hiding a bitcoin transaction from others or make its traces vanish to avoid problems later.
I don't foresee many issues with banning bitcoin at all, it's more of a political problem.
- xxs 5y agoCash is highly regulated, in a lot of EU countries it's not even possible to spend too much cash in a shop in a single transaction. Cash transactions over XXX amount (few thousands) require identity and they have to be reported by the seller as well. Carrying over 10k euro in cash has to be declared during air travel too.