calvadev on Nostr: Seizure does not scale at an individual level. There will most likely be people who ...
Seizure does not scale at an individual level. There will most likely be people who get their coins seized, yes, but those will be the people who didn't prepare and were unfortunately too care-free about their custody setups. This can be seen with the gold seizures.
Also, nationwide seizures are more indicative of a failing state rather than a failure of Bitcoin. If this were to come, it would be more of a signal for people to flee and for others not to enter that particular state. Those who own Bitcoin will be most well equipped to do so.
Published at
2025-03-04 22:04:55Event JSON
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"content": "Seizure does not scale at an individual level. There will most likely be people who get their coins seized, yes, but those will be the people who didn't prepare and were unfortunately too care-free about their custody setups. This can be seen with the gold seizures.\n\nAlso, nationwide seizures are more indicative of a failing state rather than a failure of Bitcoin. If this were to come, it would be more of a signal for people to flee and for others not to enter that particular state. Those who own Bitcoin will be most well equipped to do so.",
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