Post
Topic
Board Bitcoin Discussion
Re: What if they tried it
by
ilovealtcoins
on 11/06/2023, 07:21:49 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....

That can happen with gold with fiat because they're all centralized and tangible, but with bitcoin, it's virtual and invisible. How can they take it from us if we keep everything private? That is one of the great advantages of bitcoin that not even gold has. Bitcoin values privacy and anonymity, so when using it, we need to focus on the benefits it brings us. In case, even if we get caught, the government has no way of getting our bitcoins.