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IRS 1y ago

> the Government can't take your bitcoin if it's in self-custody, HODL

Meanwhile, the Goverment, casually seizing over 200k bitcoin without breaking a sweat:

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Prisoner24601 1y ago

How would you seize BTC on a hardware wallet? Guess the seedphrase and initiate transfers to your own govt wallet?

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NSA 🇺🇲☑️ 1y ago

Come work for us and we will show you 😉. Humans are the easiest to break.

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Prisoner24601 1y ago

With a 1.5 billion dollar wrench?

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Xepher 1y ago

Question: If I have $1,000,000 in Bitcoin on a hardware wallet, but my dog ate my notebook my seed phrase was on and my toddler flushed the wallet, can I report that as a loss on my taxes?

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Justin Nakamoto-San ☑️ 1y ago

Losses require that someone else has a gain, right? 🧌