Post
Topic
Board Press
Re: [2015-03-07] CCN: Asset Forfeiture as an Attack Against Bitcoin
by
hayek
on 10/03/2015, 16:28:11 UTC
I think the message is clear .... " Since the burden is on you proving your assets are lawful it makes it almost impossible to recover cash from the police. "

If I have $1000 in my pocket and people ask me where I got it, I would be in a position to tell them. { I have a job....., I have a business...., I sold a car.... }

So if they stop a person and they find $10 000 on him, and he cannot explain, where he got the money from.... it would be suspect to say the least. { Uhm.. officer, yes I am unemployed, but I have loads of cash.. I just cannot tell you where I got it}

When you walk on the right side of the law, the explanation is simple.  Grin

This just isn't how it works.

If you are stopped with $10k cash in your car the cop will say "No reasonable person drives with $10k cash. You must be breaking the law. Prove you aren't breaking the law." Even with a bank receipt you cannot prove it and that still takes place in court after they seize it and you still have to pay to go through court to get it back.

Everything is illegal is the point.