This may be the stupidest idea I have read on this forum so far.
And it completely goes against what bitcoin represents and strives for.
I agree, but think about this for a moment. It's technically possible for a non-governmental international community to "seize" "property" from a government. And not just any government, arguably the most powerful government in the world right now. I agree that it would be a bad idea, but the fact that we can seriously have a discussion about this, and it's actually possible for a community to say, "Uh, no, you can't just take those", is truly remarkable, I think.
Indeed so, though we would have to sacrifice bitcoin to achieve this goal. The moment that power is wielded we damage fungability AND become a central bank with an agenda.
In the end what's most interesting about this idea to me is thinking of a way to ensure it would be impossible for it to ever be implemented at all.
It IS remarkable that so much power resides in the community that is connected by the bitcoin network, but this idea is so antithetical to the foundation of bitcoin that I can almost begin to give credence to the paranoid background choir singing about anti-bitcoin sock puppets. Almost.
Bitcoin is not a tool to promote a single political agenda.