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Wizard's avatar

"When properly self-custodied through the use of a “cold storage” mechanism, bitcoin thrives as an easily accessible, but non-confiscatable asset"management..." 

What? The government confiscates bitcoin all the time. 

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Lynn Ferguson's avatar

Do you remember when the corrupt and greedy government agencies went after Douglas, the founder of e-gold? The system was legitimate, sound, and ethical. People around the world were prudently using this processor and vault to exchange and/or hold gold, silver, platinum, and palladium. Once $60 million was circulating in the space,; federal prosecutors framed Douglas for crimes he did not commit in order to confiscate all of our funds and Holdings! Of, course, the charges were dropped; but the Feds kept our wealth for themselves. BitCoin and the blockchain were created to end the theft of wealth and it has taken30 years for the corrupt to find ways to exploit the system.

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