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“I remand you to the custody of the prison system until you reveal your Bitcoin wallet passphrase.” Now the detainee gets to choose between remaining in prison
by quickthrowman 5y ago
“I remand you to the custody of the prison system until you reveal your Bitcoin wallet passphrase.”
Now the detainee gets to choose between remaining in prison or giving up their assets.
- xxs 5y ago>in prison or giving up their assets. This is too much a TV show story. Since the state doesn't really know how much bitcoins they have, the key owner can share only a fraction of their wallets (and they can have as many wallets as they please). Without crypto currency being regulated, state can seize the physical assets but getting all the bitcoins is highly unlikely.