A curious funny thought of the day

[AakZaki]

Before hacking occurs, there must be strict security protocols so that the seed phrase is safe and cannot be hacked by anyone. A government certainly has a strong level of security.

But if there is indeed a hack in the wallet used for bitcoin investment, it is necessary to trace the transaction where the bitcoin will go. Bitcoin transactions will never be lost and will be easily traceable. Government authorities can gain authority over some of the platforms used to hide bitcoin transactions.
Just need to monitor where the hacked bitcoins end, the address will certainly be marked as a Blacklist.

[letteredhub]

It's government and they have the power to access to anything of their interest. One thing about government is that if they want to fully act without prejudice especially when it's an issue that threaten their sovereignty and financial security there's nothing that would stand their way to fishing out the culprit ASAP.

Am just imagining how funny it would sound when the government come on air to announce that some individuals have hacked into the country fund . Lolz. But I don't see this happening except there's an insider cause when talking about the best security in a country,the government comes first.

[pawanjain]

Assuming in the future time many countries have fully embraced crypto adoption and in fact, many countries are using the country fund to invest in Bitcoin just like what El Salvador is doing right now and something bad starts happening to the wallet they store their fund?

~snip
Imagine a hacker stealing Bitcoin that belongs to a country, how do you think the situation will be handled?

Do not take this too seriously as it's just a fun thought, since this has nothing to do with Banks I am just thinking about how they will handle the situation, launch a red alert or something. Go after the hacker big time with all they have? Or use the Centralised power on the exchange?

Firstly, if it is a whole country's funds then why would they store in just a single wallet.
Ideally they should diversify and store the funds in multiple wallets.
Besides that they should also use multi sig authority to prevent any loss/manipulation of funds.
Keeping the keys secure is the most basic thing which anyone do.
The chances of being hacked after all these implementations are slim but if the wallets still get hacked then there's nothing besides tracking them to the core.

[Emitdama]

Imagine a hacker stealing Bitcoin that belongs to a country, how do you think the situation will be handled?

Do not take this too seriously as it's just a fun thought, since this has nothing to do with Banks I am just thinking about how they will handle the situation, launch a red alert or something. Go after the hacker big time with all they have? Or use the Centralised power on the exchange?

That is very funny yet scary thought. But, I think if Bitcoin is Adopted and invested at such large level like a government organization buying bitcoins. I am sure their first and highest priority would be the security measures they take. They would not store Bitcoins in one wallet. Because I think it would be less riskier to divide bitcoins to multiple wallets in case if one wallet get hacked or compromised.

But, if something like that happened. then I don't know how they can revert that.. government can warn all cryptocurrency exchanges and if the hacker try to deposit the fund they can seize the funds. I don't think there is any other ways unless they don't find the hacker himself and detain him.