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Scraped on 30/08/2025, 20:46:05 UTC
Almost all users missed the point entirely and are writing irrelevant things about communism. 
So if the government wants to take what is in their citizens possession then they can take it in one way or the other but good things with bitcoin is digital so as long as you are not leaking your bitcoin possession data to government by KYCing to centralized platforms and using it on your primary wallet linking that reveals what is under your possession so if you want them not to take away wha is yours then keep your main stash away from your KYC linked addresses.
This is where Bitcoin is entirely different. They can't take it from you, they can't even prove that you have it if you use it correctly. Sure they could keep you imprisoned until you give it up or torture you to force it out of you, but that is a totalitarian level of existence where Bitcoin seizure will be the least of our problems.
It depends on the government policies, in my country if I won the land then it's completely belong to me but there is nothing stopping the government if they want to take it and I have no other choice and most of the time they don't even give the right compensation for it and that's almost same for everywhere even if you own both the land and house still government can take it.
I think this is precisely the point that he is trying to make. There is no real ownership of any of this, it can be seized at will. It is more like an illusion of ownership. They can take it away tomorrow and you could not do anything about it.The only thing you truly own is bitcoin. The rest are promises.
Gold is yours to,o right? But anyone remember Executive Order 6102, issued by U.S. President Franklin D. Roosevelt in 1933, "That order required all U.S. citizens to turn in their gold coins, bullion, and gold certificates to the Federal Reserve in exchange for paper dollars at a fixed rate of $20.67 per ounce."So if the government wants to take what is in their citizens possession then they can take it in one way or the other but good things with bitcoin is digital so as long as you are not leaking your bitcoin possession data to government by KYCing to centralized platforms and using it on your primary wallet linking that reveals what is under your possession so if you want them not to take away wha is yours then keep your main stash away from your KYC linked addresses.
Original archived Re: Communism is not so much different
Scraped on 30/08/2025, 20:40:44 UTC
Almost all users missed the point entirely and are writing irrelevant things.
So if the government wants to take what is in their citizens possession then they can take it in one way or the other but good things with bitcoin is digital so as long as you are not leaking your bitcoin possession data to government by KYCing to centralized platforms and using it on your primary wallet linking that reveals what is under your possession so if you want them not to take away wha is yours then keep your main stash away from your KYC linked addresses.
This is where Bitcoin is entirely different. They can't take it from you, they can't even prove that you have it if you use it correctly. Sure they could keep you imprisoned until you give it up or torture you to force it out of you, but that is a totalitarian level of existence where Bitcoin seizure will be the least of our problems.
It depends on the government policies, in my country if I won the land then it's completely belong to me but there is nothing stopping the government if they want to take it and I have no other choice and most of the time they don't even give the right compensation for it and that's almost same for everywhere even if you own both the land and house still government can take it.
I think this is precisely the point that he is trying to make. There is no real ownership of any of this, it can be seized at will. It is more like an illusion of ownership. They can take it away tomorrow and you could not do anything about it.The only thing you truly own is bitcoin. The rest are promises.
Gold is yours to,o right? But anyone remember Executive Order 6102, issued by U.S. President Franklin D. Roosevelt in 1933, "That order required all U.S. citizens to turn in their gold coins, bullion, and gold certificates to the Federal Reserve in exchange for paper dollars at a fixed rate of $20.67 per ounce."So if the government wants to take what is in their citizens possession then they can take it in one way or the other but good things with bitcoin is digital so as long as you are not leaking your bitcoin possession data to government by KYCing to centralized platforms and using it on your primary wallet linking that reveals what is under your possession so if you want them not to take away wha is yours then keep your main stash away from your KYC linked addresses.