The US government has 20k #bitcoin
STOP PRETENDING BITCOIN IS UNCONFISCATABLE nostr:note1pxlx2k99mvcdd3fxjan633qg2srp2xhx984zrtvwckn8yrnvftxs2m3hcj
Discussion
The only reason government doesn't have Monero is because they don't want it, since it has no relevance.
The don't want it, not if they could confiscate it (get it for free) and even less if they have to pay for it.
It is not relevant.
Stop pretending it is !
rent free 😂
also the feds DO seize monero
and its the only crypto they DON'T auction off after seizure.
The capacity of fuckery the government can employ far exceeds its ability to confiscate it (if stored properly).
They can confiscate it the same way anyone can steal it: gain access to your private key. The government just has more power to use in their search. The same applies to Monero.
Well you are right and wrong.
Yes bitcoin can be confiscated if you cooperate and hand over your keys or they are able to retrieve your keys without your cooperation.
But cannot be confiscated if you do not cooperate and your keys are secure. This makes it harder than most other assets to confiscate.
Or if they do not know you have Bitcoin then they also cannot confiscate. Much easier to go after your house or bank accounts.
Bad OPSEC is how people lose their BTC. They just so happened to voluntarily give it as a result of messing up their OPSEC.
on a transparent ledger
bad OPSEC is just buying something and providing your name and address
