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Yes they can. Governments know when you bought BTC from the exchanges. They know where you transferred that money and they even more certainly will know how much you still have.

Even worse. When you use BTC to pay for some "wrong" service, they will immediately back trace your wallet and transactions until reaching your real-life address.

If this post was honest, you'd talk about Monero.

The only crypto currency worthy of that name.

Cyph3rp9nk 2y ago

sorry but they have no way to seize your Bitcoin unless they beat the crap out of you and you cite your private keys.

Same as having hidden gold or any other commodity only Bitcoin is much easier to hide and transport.

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Discussion

brito 2y ago

Once your real identity is know there are perfectly legal ways to make your life hell.

This includes losing your job, being placed on the PoI (Person of Interest) government lists, being forbidden from flying, getting your bank accounts closed and it will go on.

Basically what happened to anyone in Canada trying to use bitcoin as donation to support the protesters Haven't you learned yet?

Monero is the one easier to hide and transport.

You can *literally* buy it on the street: https://localmonero.co/

GoldenSun777 2y ago

I think most people will have their Bitcoin stolen by the mere threat of imprisonment. Better not buy kyc... 😅 or fight until death for what is yours.

brito 2y ago

Yep. Better know what you're getting yourself into.

Saberhagen The Nameless 2y ago

They can't even beat the crap out of you if they don't know who you are in the first place. Very few Bitcoiners would put up with prison, torture, or death to never give up their keys. Even fewer would do this if their family was threatened.

privacy + anonymity = more censorship resistance