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Comment by Cederfjard

Just because you hide a big bag of cash where no one can find it, it doesn’t necessarily mean it’s yours, just that you have it.

If the US government says that it has lawfully seized your bitcoin, then by law the US government owns the bitcoin, even if they don’t possess it. If you’re successfully keeping it from them, they can and will punish you for it. Again, as FormerBandmate said, that’s the basis of their power.

parent Cederfjard 4 years ago

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