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Scraped on 03/09/2025, 18:01:56 UTC
It's incredible that even after 15 years since the existence of Bitcoin, a lot of those who own Bitcoin have not learned anything, so they still think that CEXs are some kind of bank where you can store (in a safe way) your cryptocurrencies and nothing bad can happen. Will people ever understand that no government in the world will accept Bitcoin for what it actually is, but rather they accept it by changing its purpose?

It will probably never happen, but as the old saying goes, "While I breathe, I hope"
It is really crazy to me. It seems that the problem never was about access to information, the problem was in the people.

People are actually aware of this but actually lots of people are lazy to transfer to those wallets which they have control. Since what they think its waste of time to do transfer when they want to trade their asset. They are so confident that nothing will happen on the CEX's they are using.
It has nothing to do with laziness. You are aware that a car hitting you will possibly kill you, but you are lazy so you don't dodge it? Nah, you got things backwards. If you understand the danger of something fully, you act accordingly with this knowledge. Until your acts change, you understand nothing.

I agree with your opinion as it relates to sensitive matters as this. These assets seized by the US government can be returned back to the owners if the government really wants to do so because majority of the seized bitcoin are said to be from hacks which means it could be traceable to the exchanged that got hacked to return it back to the owners but from all indications, the government wants to hold onto it by using the law to back them up for their actions. This is the more reasons why we should be extremely careful so we do not get into situations as this where our assets can not be returned back to us after being taken back from hackers and scammers by the government and we hoping that the government would do the needful be helping to return backto the owners.
It is not worth the effort, so they will not try to return it to the few owners that may have had legitimate ownership.
Original archived Re: US Strategic Reserve; is it right to actually use seized assets as reserves
Scraped on 03/09/2025, 17:56:19 UTC
It's incredible that even after 15 years since the existence of Bitcoin, a lot of those who own Bitcoin have not learned anything, so they still think that CEXs are some kind of bank where you can store (in a safe way) your cryptocurrencies and nothing bad can happen. Will people ever understand that no government in the world will accept Bitcoin for what it actually is, but rather they accept it by changing its purpose?

It will probably never happen, but as the old saying goes, "While I breathe, I hope"
It is really crazy to me. It seems that the problem never was about access to information, the problem was in the people.

People are actually aware of this but actually lots of people are lazy to transfer to those wallets which they have control. Since what they think its waste of time to do transfer when they want to trade their asset. They are so confident that nothing will happen on the CEX's they are using.
It has nothing to do with laziness. You are aware that a car hitting you will possibly kill you, but you are lazy so you don't dodge it? Nah, you got things backwards. If you understand the danger of something fully, you act accordingly with this knowledge. Until your acts change, you understand nothing.