Replying to Avatar Entropy

They can't enforce a ban on knowledge. 'owning' Bitcoin is having the knowledge of a private key. If you know a particular 12 word sequence, how do they prove it, and how do they seize it if you do not consent?
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Sovereign Being 2y ago

Torture, for example. The only way to protect the asset from them would be to store it in your head, and be willing to take it to your grave, too.

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Entropy 2y ago

Yes, torture is a way to obtain consent. But torture is messy and unpleasant business. No one is going to exert that level of effort unless they are sure of the outcome.

So store it in your head and keep your mouth shut.

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Low Information Voter 2y ago

^ This.

Or imprisonment in a work camp until you cough up. Sucks to be you if you genuinely don't have it.

Stalin had his "Gold Rush" in the same year as Roosevelt, but Stalin had the machinery ready to go to torture the gold out of everyone, and Roosevelt did not (but Roosevelt had KYC records to go after).

https://cloudflare-ipfs.com/ipfs/bafykbzacebpot3j4kkfgcq5kcwhjcp6t4lggtgnyz62xzmnpk4c5cwxbrbnfy?filename=%281%29%20Aleksandr%20Solzhenitsyn_%20Jordan%20B.%20Peterson%20-%20The%20Gulag%20Archipelago%20%28Vintage%20Classics%29.pdf

Current Western governments have both sets of capabilities.

Avoid KYC!