⚡🇺🇸 ICYMI - California passed a bill to seize Bitcoin left idle on exchanges.
After 3 years of inactivity, assets can be taken by the state under 'Unclaimed Property' laws. https://blossom.primal.net/7a8fe1a3a2c4b5bb2980b0c65eec9e5a1219d446fcb7c7dcf9046408153dadad.mp4
Incentivizing self custody
‘Not your keys not your cheese”.
How do they define "inactivity"?
"(e.g., no logins, transactions, deposits, withdrawals, or other signs of owner engagement)"
So get your coins off exchanges, but if you have anything on an exchange, log into that exchange every few weeks or months so the clock doesn't get started.
This bill passed in October 2025. It's not new information.
What a shithole
California is one of the most beautiful places in the world. Unless you're referring to the State Assembly in Sacramento, then I completely agree.
Fuckin wow. They don’t even pretend they’re not thieves any more
Good. Not your keys not your coins.
Not your keys
They steal your cheese
nostr:nevent1qqst87zfp0f9869d5lskkhsx2pe7empc63naxvjsg3j044j9vt3m2agpp4mhxue69uhkummn9ekx7mqc3jsyg
Study #bitcoin before you need to
trying to kick Gemini into releasing funds/been there since they openED*/*ya tY* nostr:npub1f4uyypghstsd8l4sxng4ptwzk6awfm3mf9ux0yallfrgkm6mj6es50r407
States are just thieves with a PR department.
