[Wayne 962]

Originally Posted by Por_sha911

Interesting situation concerning cryptocurrency
https://www.foxbusiness.com/financials/cryptocurrency-expert-says-us-should-watch-what-canadian-government-is-doing-to-protesters-no-one-is-safe



I know the govt can do the same with you checking account but if the SHTF and the leaders decide your political opinion is dangerous to them it would be tempting to weaponize the "regulation" of funds. You can't easily do that with hard cash, precious metals, or Tab's dragonazz jeans.

Yes, I've been watching this from afar and it's definitely quite concerning. What's to stop the government from seizing funds from people who donate to pro-life organizations just because someone from that organization might be a little wacky and overzealous and cross the line when protesting.

However, I don't really understand something - how can the government "seize" crypto assets? I guess if one holds coins in a Canadian exchange or some type of organization that falls under Canadian law, then they might be able to do what they please. But if you have your own private keys for your crypto, then there's nothing any government can do or say about it, as far as I know?

-Wayne