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They can enforce it within their powers. Confiscating bitcoins like they confiscate wages is not within their powers. They can jail you for evading taxes appare

• dragonwriter 13y ago
  > Confiscating bitcoins like they confiscate wages is not within their powers. The government confiscates wages by sending legally binding orders to people who they believe might owe you wages directing them to remit the owed wages to the remit them to the government instead. They obviously can do the same thing with bitcoins. The only current difficulty with doing that with bitcoins now is that bitcoins are currently used for so few transactions for so few people that its not likely to be worth the governments effort to find out who is likely to owe you bitcoins to serve them with such orders. If bitcoin were to become widely used, that would change.
  • jaekwon 13y ago
    > They obviously can do the same thing with bitcoins How? They can't confiscate bitcoins without the private key. It's not like Bitcoin is run by a bank with an internal central ledger.
    • dragonwriter 13y ago
      > How? I suggest you reread the sentence that precedes the one you quoted (and which is the one that "the same thing" refers to.) Because it answers your question.
      • deleted 13y ago
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