Quote from: Obari on Today at 08:38:07 PM

Quote from: tread93 on April 10, 2023, 02:28:46 PM

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....

Can you just stop imagining for once and come back to reality?🤣

Well firstly bitcoin is a decentralized digital asset and as such , no singular person has control over it and along as you don't give access to your possessions to anyone else, then you're truly in control of all the shits in there.

I don't see how possible the government can seize the bitcoin possessions of its citizens not in this century man, we're in 21st century 🙄
They would dare and the worst they can do is impose some silly restrictions which they did and never worked for them and now I think they are secretly buying bitcoin to boast its economy and some countries are already adopting it nation wide.

Well, I say it was possible but very small chance to happen ( below 0.1%). That is why people never think that and ignore it (unlike OP) as we are confident that the government will even support the innovation rather than killing it. Because the reality that the government had also looking for a big change and great innovation that helps improve everyone's life and seeing crypto would be an opportunity. Only a foolish country will never do the adoption.