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> Easily solved by sending illicitly obtained bitcoins to the government—which they can trivially ask you to do, or automate on the exchange that you're on. Wh
by yellowapple 5y ago
> Easily solved by sending illicitly obtained bitcoins to the government—which they can trivially ask you to do, or automate on the exchange that you're on.
Which means I can easily launder my own money by claiming that "someone" sent frozen cryptocurrency to me "maliciously".
> The government has no need to confiscate bitcoins when it can prevent their legal use without confiscation.
The government has no more ability to prevent use of Bitcoins than it does to prevent use of cash or gold. Again, making something illegal doesn't prevent it from happening anyway.