Robert F. Kennedy Jr. US presidential runner says withdraw your fckin #Bitcoin from exchanges into private custody:

"While cash transactions are anonymous, a #CBDC will allow the government to surveil all our private financial affairs. The central bank will have the power to enforce dollar limits on our transactions restricting where you can send money, where you can spend it, and when money expires.

A CBDC tied to digital ID and social credit score will allow the government to freeze your assets or limit your spending to approved vendors if you fail to comply with arbitrary diktats, i.e. vaccine mandates.

The Fed will initially limit its CBDC to interbank transactions but we should not be blind to the obvious danger that this is the first step in banning and seizing #bitcoin as the Treasury did with gold 90 years ago today in 1933."

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Discussion

I'm still not clear about how the fed govt plans to seize bitcoin. I know they can ban it with a vote, but that doesn't mean they can do anything about it.

They can seize your #Bitcoin if you have it in an exchange. Not in a private wallet. That´s the point.

Of course they can. If it takes Robert Kennedy to get you to withdraw your bitcoin from an exchange, you have other issues.