Replying to Avatar bitcoin.rocks

Someone told me about an asset that can't be controlled by the government at all.

And it has better average returns than both the S&P and real estate.

In other words: just buy #bitcoin
Avatar
Marakesh ð“…¦ 1y ago

I hear that Bitcoin can't be controlled by the government but then I see news from time to time that some government has seized millions in Bitcoin from someone, or is selling off some Bitcoin it has seized... 🤔

Reply to this note

Please Login to reply.

Discussion

Avatar
bitcoin.rocks 1y ago

If you store your recovery words properly, this is not a concern. Most of these seizures are from poor storage or people voluntarily transferring the coins.

Poor storage = all recovery words in one location that can easily be found.

77
772f9545... 1y ago

They probably had to show up. Physical presence is a high bar but sometimes it happens.

Avatar
Hazey 1y ago

Often those stories are propaganda when you look into it. One of the benefits of having a public ledger.