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Can someone please explain how the gove can come after self custody if BTC is in cold storage?
Ye ol wrench attack, my brother
Physical compulsion, said differently. Let’s hope it doesn’t come to that
Ya well I don't think they have enough RESOURCES to go after every cold storage wallet and even if they did, how could they find them?
KYC
Sure. But they have to prove you still have anything plus make you somehow pay. Just not possible.
Break down your door with guns
Wrong. You have to proof you don't have it anymore. Guilty until proven otherwise will be the new norm
🎯
Sure. That is possible. But I think they don't have enough guns if even a small percentage of people refuse giving up their seed.
True.
I agree but most people don’t want that risk once they see it happen to people they know
Also, if you run a node at home, your ISP can very easily tell that you are indeed running a bitcoin node
A VPN can fix that right or running on TOR?
I don't think it will come to that but that is why we need to get more friends and family on board. At some point if people stand up and say no! they can't do shit and they know it.
that or running a newer version of bitcoin core with bip 324 enabled:
Bitcoin Optech
Version 2 P2P transport
Version 2 (v2) P2P transport is a proposal to allow Bitcoin nodes to communicate with each other over encrypted connections.
Well problem solved already. I just don't think the tetards at fed gov can keep up and I am an outsider looking in. Any BTC I might have had got lost in a boating accident.
I agree to the extent that they don’t want a really public (bloody) battle with bitcoiners… for now
We’ll see what the future holds. Best to stay strapped regardless. Good chatting with you brother- all the best to your family & ranch 🫡🤝
EL DERN and everyone who belives in the concept of money, by the people and for the people. Stay strong. If we stand together we can't be defeated. In my opinion bitcoin is the last stand for freedom. As some have voiced in this thread, the government is not going to act legaly in this fight but I believe that if we stand together, eventhough we may be miles apart, we can beat them, because they may get to us individually, but they don't have the manpower if we stand together. There are too many of us for them to deal with and their money buys less and less everyday.
Kentucky Your Chicken!
Where do I report a self-custody public address to be in compliance with asset reporting? 🤔 Asking for a fren. 🤡
Why don't wrench attacks work with stocks and other assets? Basically this is a bitcoin meme that no longer works, so is "lost in boating accident".
Fire bro.
Well said my dawg 💯