⚡🇺🇸 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.
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Replies (18)
Incentivizing self custody
‘Not your keys not your cheese”.
Oh yeah it's beginning. Let's see how quickly they can slide down this slope.
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.
I don’t question the beauty of the place, but I know every country has the politicians they diserve. 😉 PS: borned and raised in Europe east block, I can call a shithole when I see one.
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
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Study #bitcoin before you need to
trying to kick Gemini into releasing funds/been there since they openED*/*ya tY* @FLASH
A gilded cage is still a cage.
fuckin commies
🤡 fuck them
Glad Monero is not on exchanges anymore.
States are just thieves with a PR department.