Time to update your #bitcoin cold storage threat model accordingly.

If your seed phrase is in your home, it's able to be seized.

I expect laws like this (and worse) to be passed elsewhere too. Secure your sats properly before it's too late. nostr:note1p4wmtw7s7d2skf65ypyh05h8npdeffgpjdjauv8aemzc07g6kz2ssxmhnd

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This is absolutely absurd and idiotic, this is extreme overreach. 😳

Yes and there will be more like this. We are entering the era of financial repression in the West.

Absurd and idiotic - exactly what we should expect from the governments.

I need to have something to put into cold storage before this becomes a problem for me.

Where though?

Your head?

That's a good backup

The adversarial environment still pretty tame. I'm waiting for ownership to be a jailable offense.

They'll reach such a juncture in due time. Then I can imagine that Bitcoin "ownership" will be made legal as long as it's through the ownership of ETFs or some other centralized alternative.

Victory is close, freaks!

🫨