Unfortunately confiscation would come for all of us, cold storage or not. In the Information Age there are certainly lists of bitcoiners and you and I are both on it. We will have to fight it out legally in the court system if such a measure were to pass.
Discussion
plausible deniability meme
How would that work in reality? You’d be summoned into court and forced to turn over your keys? Sounds silly compared to just finding ways to tax it
It sounds fucking retarded, but our society is run by retards so I don’t discount it as a possibility.
they
- make it illegal to own, probably while offering to buy it at a fixed price.
- set penalties for using hardware/software associated with it (possibly happening rn)
- restrict travel for people suspected of owning.
FYI, they already tax the shit out of it.