News for hackers. Stuff that matters.

A comment on Bitcoin is a disaster. Parent comment

Re:Bitcoin is a disaster by gruez on Thursday December 31, 2020 @06:40PM (#25598618)
He's probably talking about the horror stories of people getting their cash/assets seized via civil forfeiture. eg. https://www.washingtonpost.com/nation/2018/09/01/police-seiz...
[ Parent | on HN ]
Re:Bitcoin is a disaster by viraptor on Thursday December 31, 2020 @06:44PM (#25598667)
Yeah, that's different from carrying cash being illegal.
[ Parent | on HN ]
Re:Bitcoin is a disaster by cryptochamorro on Thursday December 31, 2020 @09:04PM (#25600053)
It makes it illegal in practice, just not in name.

Are you really free if you have any arbitrarily defined “large” amount of money, only to have it sorted and it become YOUR burden of proof to show the origins of the cash?

[ Parent | on HN ]