Post
Topic
Board Bitcoin Discussion
Re: What if they tried it
by
retreat
on 11/04/2023, 15:16:46 UTC
What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s. Now I'm seeing articles talking about how the US government is trying to be able claim private property.

I think that ultimately this would be very challenging for any government to successfully accomplish. This would cause a revolutionary period again in our world I imagine....

I will be one of those who will fight against the government. I work and spend money to invest in crypto assets, on what basis are they forcibly taking it from me? do they think that cryptocurrency is an illegal and dirty asset? do they think that owning crypto assets is criminal? same as you have methamphetamine? there is no basis that the government can do to be able to confiscate my crypto assets - unless I commit a criminal and launder the proceeds of the crime in crypto, then the government has the right to be able to confiscate all of my crypto assets, other than that they have no rights .