What if they tried it

[Fullcoinese]

the situation would probably be too complicated. a government that takes Bitcoin assets owned by every citizen, what is the government's goal? there would be more citizens leaving the government with such policies. and move to a country that is friendly to Bitcoin. where they can safely store and use Bitcoin.
I guess the situation will be like that. because some countries are now starting to open up with Bitcoin regulations in their countries. it relates to the placement of tax rates for holding and trading crypto assets.

[kamvreto]

The period of the revolutionary world which is only in favor of the government's own profits, not the profits of crypto users. If everyone wants to seize crypto assets and wants to fully control them, then there is nothing to look forward to, but is it even possible? crypto is decentralized and no one can control it unless you deposit it to CEX and it will become theirs completely and may be seized by force. When we stay away from centralization then no one will be able to reach.

[salad daging]

What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s. Now I'm seeing articles talking about how the US government is trying to be able claim private property.

I don't think it's going to happen but the government has some control over it and they could just regulate new ones with the rules set or stricter about crypto custody but for those who have assets on centralized exchanges whereas if we store in non-custodial wallets then it's possible the government will have a hard time taking those bitcoins so it's not advisable to store them on an exchange in fact it will be a problem later on.

But I don't think this will happen in some countries, because a country that is strict they will definitely impose this kind of regulation but for small countries it won't happen because my assumption is that countries are at peace with bitcoin then it will be fine not to emphasize bitcoin users.

This is the worst scenario, but most likely, governments will take the path of levying taxes on transactions with cryptocurrencies. That is, one way or another, this area will be regulated. The question to what extent remains relevant.

My country has stipulated this where every crypto transaction on a centralized exchange will be taxed and this has been going on for some time, but they are still happy with the regulations where crypto users are now required to pay taxes.
Of course this is still relevant and does not contradict anymore.

[famososMuertos]

What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s. Now I'm seeing articles talking about how the US government is trying to be able claim private property.

I think that ultimately this would be very challenging for any government to successfully accomplish. This would cause a revolutionary period again in our world I imagine....

I don't know if you have the current source, because that's not new news, on the other hand there will always be a satoshi for the people, (maybe forever!)

Then, you using the adjective, phrases, words: seize + US government + private property, it is tabloid news and add you "What if the governments across the world attempted to seize all of your crypto assets," come on!
It's "straw," You are creating fake opinion matrices in the possibility of..."guess".

[Aanuoluwatofunmi]

What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s.

This is not possible because you're not using a centralized exchange wallet, if you're using a centralized exchange wallet then you have this risk on loosing your asset because it does not belong to you yet as long as you're not having the keys in your hands, we cannot compare using a decentralized asset from a centralized exchange because the difference is clear, bitcoin is a decentralized digital currency unlike gold or other physical asset.

[Yatsan]

What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s. Now I'm seeing articles talking about how the US government is trying to be able claim private property.

I think that ultimately this would be very challenging for any government to successfully accomplish. This would cause a revolutionary period again in our world I imagine....

I don't know if you have the current source, because that's not new news, on the other hand there will always be a satoshi for the people, (maybe forever!)

Then, you using the adjective, phrases, words: seize + US government + private property, it is tabloid news and add you "What if the governments across the world attempted to seize all of your crypto assets," come on!
It's "straw," You are creating fake opinion matrices in the possibility of..."guess".

Maybe he was just trying to cite some scenarios; quite ringing a point on my end since there are issues right now concerning downfall of banks and fiat, so maybe he's just worried. But to answer and support factual claim, it would be impossible for governments to seize crypto assets or holdings because in the first place, things are decentralized, unless they'd use force but that would consume most of their time. Also with the comparison of what happened before in 1900s, gold is tangible and is something which could really be confiscated or seized and it happened that cryptos are not. They may only restrict its usage but won't be able to gain the possession.

[Nwada001]

Do they really need to find a way to pass any bills that will allow them to take over private property? 
The government is already in one way or another in control of our lives, properties, and belongings; there's just a little something holding them down, and that something isn't the law because they are the law themselves. 
All they need is a reason to do something, and they will just do it. 

We are never free from government attack and suppression, which is why the only way out is a decentralized system where you are the only one with rights over your properties (funds). This is another reason why they are against the crypto community: they are depriving them of a lot of things and taking things out of their control. 

[tjtonmoy]

They can't fully do it. Only if you choose the right one. By that, I mean Bitcoin. It is decentralized and if you keep them in your personal wallet, no one can take it from you. The Government can only have control over those cryptos which are centralized shit. I have never heard any news on Government taking control over Bitcoin, which has been kept private in personal wallets.
So they will fail over and over again if they try to do it.
This is the reason everyone is always saying, not your key, not your coin.  Keep them the way they are meant to be. No one will ever have control over them except for you.

[CryptoHeadlineNews]

What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s. Now I'm seeing articles talking about how the US government is trying to be able claim private property.

I think that ultimately this would be very challenging for any government to successfully accomplish. This would cause a revolutionary period again in our world I imagine....

The US government was able to seize all the gold own by it's citizens back then in 1900s simply because gold is physical, can be touch and feel unlike Bitcoin that is digital, decentralized and can't be traced with the help of "mixers", because what O.P fails to reason is that what if unfortunately, such happens to take place, how will the government know how many citizens who own BTC and how many BTC do they own? Because with the help of cold wallets, it's likely impossible for any government to know how much funds people own in crypto, of which its best option will be to tax exchanges who does business with it's citizens.

[yhiaali3]

It is difficult for governments to take such a decision because it is difficult to implement on the ground on the one hand, and on the other hand, it will lead people to hide all their crypto assets, in addition to the possibility of emigrating these people from countries that are trying to steal their crypto assets, and this could cause an economic disaster for the country because it It will lead to huge capital migration abroad.

A scenario that seems very difficult, but in the event of such an assumption, the only solution is either to hide the crypto assets completely from the eyes of the government, and the other option is to migrate to another country that is more open to cryptocurrencies.

[drwhobox]

People who keep their crypto in exchange and online wallets will lose their assets and the government can control their accounts or can seize them if they want. So that is why you don't store your crypto currency and bitcoin in an online wallet or exchange.

The beauty of bitcoin is that you, only you can control them if you store them on a hard wallet or non-custodial wallet. So keep your assets where you can control them.

[Mr.suevie]

The US government doesn't need to take away your crypto assets, because it can make you run to hand over cryptocurrencies yourself. This is done very simply: it is enough to pass a law that for the storage or use of crypto huge prison terms are introduced.

They may not find you, but you won’t be able to use crypto either, because everyone around you will also be afraid to do it. Then what's the point of crypto assets?

This is the worst scenario, but most likely, governments will take the path of levying taxes on transactions with cryptocurrencies. That is, one way or another, this area will be regulated. The question to what extent remains relevant.

The good news is that regulation in different countries will proceed at different speeds, which means that there will always be the possibility of moving to a place where conditions are more loyal to crypto. I assume that there will be countries friendly to cryptocurrencies, which means that if the US government decides to take away your crypto, then it will be enough to leave this country.

funny right but it's the truth, imagine people leaving their country to other crypto friendly country just for them to have such freedom when using or transacting their coins I think if this kind of law is done anywhere especially in the USA the first place most crypto users would visit would be El Salvador as crypto is welcomed with open arms there. But I doubt this kind of law would be inarted by any country because this law would accompany great loses for both the government and the citizens.

[Crypto Library]

What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s. Now I'm seeing articles talking about how the US government is trying to be able claim private property.
I think that ultimately this would be very challenging for any government to successfully accomplish. This would cause a revolutionary period again in our world I imagine....

I don't think they can do that at all because one of the motives behind the creation of Bitcoin was to gain one's economic freedom. Because the matter is online and it is difficult to trace the owner of the wallet by tracking the transaction only through the wallet address. And if it can do that, people's trust will go away from Bitcoin. If the government closes the centralize exchanges, then if people build a peer to peer community among themselves, then the work will continue even after the ban or seize. However, developed countries like the USA can use their technology to stop the use of bitcoins even if they cannot seize their owners.

People who keep their crypto in exchange and online wallets will lose their assets and the government can control their accounts or can seize them if they want. So that is why you don't store your crypto currency and bitcoin in an online wallet or exchange.

If the centralized exchanger is in that country or can be controlled by the regulator of that country, then the user's funds will be seized.

The beauty of bitcoin is that you, only you can control them if you store them on a hard wallet or non-custodial wallet. So keep your assets where you can control them.

If this happens is really going to happened ever then non-custodial online wallet will be the option for holding bitcoins because if you use hardware wallet for holding on that time then at first you have to buy hardware and where from you buy that product there can be a option of tracking to you and at the end you will be seize

[serjent05]

People who keep their crypto in exchange and online wallets will lose their assets and the government can control their accounts or can seize them if they want. So that is why you don't store your crypto currency and bitcoin in an online wallet or exchange.

Well, this might happen if the government implements a law that will allow them to cease the cryptocurrency holdings of their constituents.  Leaving our cryptocurrency on exchanges made our fund vulnerable to government control, so it is really advised that we hold our cryptocurrency in our own wallet so that if case like this occur, our fund is safe in our hands.

The beauty of bitcoin is that you, only you can control them if you store them on a hard wallet or non-custodial wallet. So keep your assets where you can control them.

True that, with Bitcoin and its feature being pseudo-anonymous enable us to have an option to hide our holdings from the government as long as we do not link our wallet addresses to our identity through centralized services.

[GreatArkansas]

(....)
The beauty of bitcoin is that you, only you can control them if you store them on a hard wallet or non-custodial wallet. So keep your assets where you can control them.

This must be on the mind of most people. That's why a lot of people are encouraging people to withdraw their Bitcoins from the exchanges and store them in their personal wallets where they are the only ones who can control them. As what famous quote says: "Not your keys, not your coins".

[Aikidoka]

(....)
The beauty of bitcoin is that you, only you can control them if you store them on a hard wallet or non-custodial wallet. So keep your assets where you can control them.

This must be on the mind of most people. That's why a lot of people are encouraging people to withdraw their Bitcoins from the exchanges and store them in their personal wallets where they are the only ones who can control them. As what famous quote says: "Not your keys, not your coins".

That's such a nice quote and it really hits deep on the topic . I agree with what you said, I believe that exchanges are like banks for crypto, which means it's not safe to put your assets in them. There's always a risk of closure, hacking, or even seizure of all your crypto assets. It would be much better to withdraw your assets and store them in your personal wallets. This way, you'll have full responsibility for your assets, and you'd be your own bank.

[Supianto]

That wouldn't be possible. I keep my Bitcoin in OWNR wallet, how could you take it away from me? I can just delete my app and keep my seed phrase somewhere safe, and no one would be able to prove that I even had any crypto. But that would be harder if you keep your crypto on an exchange or in the wallet if you did proceed with the KYC.

[landheer]

If that happens, I think this is a big disaster.

but i think if
the government does that, is there any advantage for the government? and can the government sell crypto from the loot?
because in my opinion if the community's crypto is confiscated by the government, then who will dare to buy crypto from the government because the government prohibits its people from buying and selling crypto.
because what I know is the profit from investing in crypto is because there is a buying and selling exchange. So if people's crypto is confiscated and people are prohibited from holding crypto then who will buy crypto from the government.

so in my opinion if this happens the government will not get any profit, from the crypto that is stolen from the community.

[xSkylarx]

That's difficult. I mean, how will they do it? It is not the same with gold in that they can see it physically, and they only got the gold that was known to be huge that they'd found. In crypto, for sure, it would be difficult because they couldn't just go to your house and get your crypto; they didn't have the key to access it. So it is impossible to do it.

[peter0425]

what answer do you want us to bring mate? when it is obvious that nothing we can do if this is already a Law to implement?
though like what you said this is a hard to act yet possibilities is there and I  know that we can only expect this not to happen but of course things may go sideways.
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But once this happens? I will not resist but of course will do everything to try preventing them to take all , meaning hope that before they do? I already have Idea and will convert all my crypto to Fiat.
though like what everyone do now , the offline wallet cannot be seized unless we are lazy having one.