Post
Topic
Board Bitcoin Discussion
Re: Seizing BTC wallet holders? Governments should be afraid to do it
by
TheKoziTwo
on 26/08/2013, 17:08:01 UTC
In the UK you can get sentenced to prison for up to 5 years for not giving up your encryption keys. I guess this law would work for those not giving up their bitcoin private keys as well. Once you have spent 5 years in prison they'll just ask you again, and if you still refuse, back you go. They may not have your bitcoins, but they will have your freedom. Luckily this fascism hasn't spread to many countries yet, but the trend is there and it wouldn't surprise me to see this implemented across the world.

From my understanding it don't matter if you "forgot" the key.

Oh and brain scanners are also making good progress, it would be foolish to believe government won't use them for "SERIOUS crimes" once that becomes viable.

Brain wallet seeds are unencrypted information, and so are the private keys you generate from them, so your first point does not apply.

No, password to your truecrypt container is also unencrypted information, and that is what the law require you to give up.