Confiscation like Gold yes. 6102. I dont believed they will really be able to enforce this fully for those who dissent. "My kyc bitcoin was stolen in a hack"

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they will steal from you when you try to use it to buy normal services dont worry

Whos to say i didn't swap with someone across boarders first?

Naivety in not knowing what BIS is

Ik about the BIS. People still steal bitcoin and get away with it today is my poiny

But when enforced by law sounds different

You think all nonkyc bitcoin activities will stop? There will be a black market for bitcoin still

What non kyc bitcoin activities? No one uses Bitcoin on black markets unless they are from gov

There is still black and grey market bitcoin activities.

The honey pots from govs yeah

It just not realistic for them to enforce even if they theoretical have viability

Wishful thinking bro

They want you to think they are all powerful. Really they just make a spectical out of the low hanging fruit and hope everyone else complies

The eyes only can see what mind can comprehend

Being overly optimistic is unrealistic and being overly pessimistic and paranoid is unrealistic. Im in the middle

Im neither one side neither the other, but i still can see the reality that are happening around me i think

**visibility. I think a lot of the bitcoin opsec stuff is geared toward high profile targeted individuals. Yes bitcoin is a liability for them. For most though and at scale????

Why do you think BlackRock don't self-custody their bitcoin and put the risk on Coinbase side?

Because they don't wanna be liable