Gym thought:
What if the US gov just claims the NSA invented Bitcoin and that they control Satoshi’s coins.
Complete “trust me bro” situation, similar to the gold in Fort Knox.
Then if the coins ever move they can say they were stolen from them and go after them with force.
Not at all saying I would want this but seems like a play they could actually make.
Why would anyone believe them if they do not proof they have the key?
I mean: I could make the same claim, right?
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You can also claim you own 8000 tons of gold and not let anyone see it. Just like the feds do with Fort Knox
Hm… good idea. Maybe some DeFi protocol or regular bank will let me borrow against it?
Yea I was thinking Coinbase would do that and give them an excuse to fractional reserve
