4 ms·

I think you'll find that if the government wants your money, they'll get it. Doesn't matter how it's stored.

• nullc 5y ago
  The prior poster's point wasn't that the government couldn't get it, it was that they couldn't get it without due process: They'd have to use their ability to imprison the target to get his securely stored Bitcoin, and in doing to they'd implicate his constitutional rights. To the sibling comment, -- sure Bitcoin exchanges are sadly a security crapshow but that its a brief exposure (and one can obtain Bitcoin without an exchange, though the alternatives have their own costs). Once you've obtained and securely stored your Bitcoins they should be safe from both hackers and government due process violations. It's not always easy to correctly store Bitcoin, but it's possible which is something you can't say about other equivalently liquid assets when your threat model includes things like the abuses described in this article.