Post
Topic
Board Bitcoin Discussion
Re: Bill Cosby buys 750 BTC
by
puprush
on 04/02/2019, 09:53:50 UTC
If only it worked that way. You receive no legal protection whatsoever by turning your dollars into BTC. He will still owe the money, it does not matter that he bought a house with it or bitcoin. His estate will be seized, bitcoin and all. If he thinks he can just refuse to give up his private key then he will spend his life in a cell on contempt charges. Not smart.

An asset that is digital cannot be required to be turned into FIAT, per untied states law.