Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
BurtW
on 04/08/2015, 00:24:21 UTC
man you are not understanding, if they confiscate my smarthphone or whatever, i can still fire up my client at home and run that(and they surely can't confiscate every desktop out there), burst is doing the same right now, there is really nothing they can't do about bitcoin, bannig bitcoin is pointless for every point of view, and they know that, that's why russia returned to where they started, by removing the "ban"

When they arrested me they immediately took my phone and would not let me touch it.  I thought - no problem.
Then they took every single one of my personal computers and all of my corporate computers.  I thought - no problem.
Then 35 agents searched my home and my office and took everything they could find related to Bitcoins.  I thought - no problem.
Then they broke into my safe and took everything.  I thought - no problem.
Then they found the seed words for my Trezor, and immediately transferred all of my Bitcoins from my Trezor to theirs.

So, you can say I made a mistake and did not hide my seed well enough, but that does not matter.

Your ability to keep your seeds, passwords, pass phrases etc. from the government is only equal to your ability to live in jail, in solitary confinement, until you give them up.

Talk big about being able to handle it until it happens to you - then we will see.  I was only in there for three days and two nights.  I cried like a baby when I was released I was so happy.
 
they can't do shit, besides arresting me, because i can still use it at home, they need to ban desktop too if they one to stop bitcoin, no-sense actually, it's impossible
You are right, all they can do is arrest you, charge you, take everything they can get their hands on and then charge all your stuff.  If you have the funds to fight it you can "win" and be broke like me or if you do not have the funds you can rot in jail and get a public defender who works for them, does not know shit and is not there to help you defend yourself - only there to make sure the prosecutor does not screw up and make any mistakes that you could appeal.

More here:  www.jmwagner.com and www.burtw.com if you are interested.