Thanks to Bitcoin, we’re slowly breaking free from Government Control

[SFMHodler]

From what I can see that govt can seize crypo just like every asset.

[Hispo]

Right, something we take Bitcoin for granted and believe it is perfectly normal for us to have access to such amazing technology, so we don't completely dependant on our local governments, when in fact Bitcoin was nothing but a miracle for those living under authoritarian control and in inflationary economies, like those In Venezuela and Argentina.

That is why we must defend Bitcoin and keep it as the golden standard of decentralization in the long term, so we will continue to benefit from it, as governments get more strict and insist on stockpiling our data.

[nemesis_incarnate]

From what I can see that govt can seize crypo just like every asset.

Only if it's a CEX or illegal by their book.

Otherwise, your custody makes you the only owner of your coins.

[finaleshot2016]

I just want to say, I’m really thankful that Bitcoin was invented. Without it, we’d still be fully under government control, every transaction tracked, every move monitored, and every rule forced on us even when it’s unfair.

Bitcoin gave us something that banks and politicians can’t easily touch, and that is financial freedom. You can send money across borders without asking permission, protect your savings from inflation, and support causes even when governments try to silence them.

Look at what’s happening in countries with abusive governments... people in places like Venezuela, Nigeria, and Argentina use Bitcoin to survive hyperinflation and avoid frozen bank accounts. Even activists and journalists in countries with censorship rely on Bitcoin to receive support safely.

For me, Bitcoin is more than just investment or profit. It’s proof that no matter how powerful governments become, people will always find a way to take back control.

Well, I’m lucky that I was born in this era and proud to say that Bitcoin really helped us escape the system. Bitcoin is really the key for escaping the matrix and this is our way to overcome the financial crisis we are experiencing especially in third world countries. It gave us a lot of opportunity for financial growth, provides an alternative to systems that are slow, restrictive, or inaccessible to ordinary people. We all know that majority of the finance program nowadays requires a lot of requirements and you can't do much if you're just a normal person and you need go through a lot of verification and meet some good standings in income before getting passed. Through decentralization and transparency, the Bitcoin empowers the individuals to participate in a global economy without relying entirely on traditional institutions, we are free and can do anything we want.

[Achalugo BTC]

From what I can see that govt can seize crypo just like every asset.

I don't think that is true, as the government are not in control of Bitcoin, so they can not seize crypto, because they have tried it so many times but they fail.
And since the government is not in the control of crypto, they have the right to do their money with the way they like.
That is why they prefer to earn in crypto because the government will not have access to their crypto without their permission, and this is the reason why so many people wants to be part of crypto community even though there are some side effects but its still good and preferable to earn in crypto, as their are many advantages in it.

[devlin85]

From what I can see that govt can seize crypo just like every asset.

In what cases and under what conditions can the government confiscate cryptocurrencies?

[Antona]

From what I can see that govt can seize crypo just like every asset.

I don't think that is true, as the government are not in control of Bitcoin, so they can not seize crypto, because they have tried it so many times but they fail.
And since the government is not in the control of crypto, they have the right to do their money with the way they like.
That is why they prefer to earn in crypto because the government will not have access to their crypto without their permission, and this is the reason why so many people wants to be part of crypto community even though there are some side effects but its still good and preferable to earn in crypto, as their are many advantages in it.

Good point they've failed to seize crypto because the network is designed to resist that, they can only pressure the people holding it, that's why the mantra "not your keys, not your coins" is about personal sovereignty.

[Judith87403]

Your point holds the reason why Bitcoin matters more than the price chars. It brought real choice to a system where governments and the bank almost had control. Without permission money alters the balance of authority, mostly for those living under inflation, controls of capital or censorship. The ability to store worth, transfer money between borders, and assist causes not having approval is a real breakthrough.

Haven said that, Bitcoin is not a solution said to be perfect. Volatility, inappropriate usage, and uneven adoption are the real challenges. Yet its existence shows an essential point: financial systems dose not need to be centralized to operate.

Bitcoin would not be able to replace governments or banks, yet it provides individuals an option for exit. And most times, owning an option is the best powerful form of freedom.

[icebar]

From what I can see that govt can seize crypo just like every asset.

I don't think that is true, as the government are not in control of Bitcoin, so they can not seize crypto, because they have tried it so many times but they fail.
And since the government is not in the control of crypto, they have the right to do their money with the way they like.
That is why they prefer to earn in crypto because the government will not have access to their crypto without their permission, and this is the reason why so many people wants to be part of crypto community even though there are some side effects but its still good and preferable to earn in crypto, as their are many advantages in it.

If governments could do that easily, they would have easily legalized crypto. But since they have no control over crypto, they have banned or restricted crypto. If the governments of some countries have legalized Bitcoin. But still, most countries have restrictions on its use. The government has no control over crypto, especially Bitcoin.

A person is never safe in his financial life because he is using everything centralized. If the government wants to harass someone for some reason, it will be very easy to do that. But when someone is using a decentralized platform, he is completely independent. Bitcoin does not oppose anyone, but it gives people complete financial freedom, which is not possible through any other means.

[Asuspawer09]

Bitcoin was surely a once-in-a-lifetime tech we were surely lucky that it is invented in a way since it really have a huge impact when it comes to currency, investment, governments, etc. We can clearly see that it is now being recognized even by the government to the point where governments are starting to start there own cryptocurrency reserved maybe as a investment because they can see that it is or it could be a valuable asset to the government or to the country in the future. I remember back in the da,y there were only a few people who actually knew Bitcoin and governments just doesn't like Bitcoin since it is something that they just can't control.

Governments start to realize that Bitcoin or blockchain technology is surely going to be huge in the future, I remeber there was a huge debate about whether Bitcoin is going to kill banks or fiat currencies but now government started to adopt cryptocurrency as well now it is already on online banking as well. Bitcoin and crypto was surely a great piece of tech that is invested in, honestly, if Bitcoin ,crypto or blockchain tech was not invested I just can't imagine, and probably my life right now would be very different today, it just gives a lot of value to me, not to mention the return.

[Johnlomape]

I just want to say, I’m really thankful that Bitcoin was invented. Without it, we’d still be fully under government control, every transaction tracked, every move monitored, and every rule forced on us even when it’s unfair.

Bitcoin gave us something that banks and politicians can’t easily touch, and that is financial freedom. You can send money across borders without asking permission, protect your savings from inflation, and support causes even when governments try to silence them.

The founder of Bitcoin was able to create a financial freedom from people that want to stay away from the strict measures the government is taken to control how people use and spend their fiat. If the blockchain was not created by the man called Satoshi Nakamoto, we would have continued with the old way of using and trading with fiat which we all know that the government has full control over it.

Bitcoin has a digital currency has created opportunity for people to get employed and adding another diversification to investment opportunities. Before people only trade the forex market and others that are not reliable to make traders enough profits but now, the crypto market has been added to the list which has been very profitable to many traders.

[Hazink]

From what I can see that govt can seize crypo just like every asset.

That's only if you are holding your asset on custodial service. If you hold your bitcoin in a private wallet where only you own a key to it, there is no hope that the government will seize it from you... although when you are referring to some centralized altcoins, the government can actually do that through the help of the token developers as they have access to freezing your holding just like what tether is doing.

[uneng]

The main issue right now is the difficult transacting P2P. Everyone can adopt Bitcoin very easily, but few of us are able to adopt Bitcoin in a decentralized way, without having to rely on third party services to negotiate, what includes governments' regulations and surveillance. It would be great if I could simply transfer funds from my personal wallet directly to someone else's personal wallet, but it's not the case.

I don't have trustworthy people nearby me willing to trade. If I want to sell or buy BTC, I still need an exchange to do so, and that completely kills the purpose of Bitcoin. And I don't think there is a fix for this situation without mass adoption, what is really hard to happen, as most people aren't interested in Bitcoin at all.

[Nexus9090]

The main issue right now is the difficult transacting P2P. Everyone can adopt Bitcoin very easily, but few of us are able to adopt Bitcoin in a decentralized way, without having to rely on third party services to negotiate, what includes governments' regulations and surveillance. It would be great if I could simply transfer funds from my personal wallet directly to someone else's personal wallet, but it's not the case.

I don't have trustworthy people nearby me willing to trade. If I want to sell or buy BTC, I still need an exchange to do so, and that completely kills the purpose of Bitcoin. And I don't think there is a fix for this situation without mass adoption, what is really hard to happen, as most people aren't interested in Bitcoin at all.

This agrees with what I said here:- https://bitcointalk.org/index.php?topic=5561806.msg65978955#msg65978955

Bitcoin as it is today, is only quasi-decentralized. The reliance on internet infrastructure owned by large corporate bodies that are heavily influenced by government legislation prohibits BitCoin from ever being decentralized.

If there were a free wireless network infrastructure, something like Meshtastic but with higher bandwidth that could be used then perhaps BitCoin could realize its potential as a decentralized currency that could be used in daily transactions.

But even then, governments would simply legislate to ban the use of wireless technologies transferring BitCoin data.

What ever way you turn government will get in the way. So, until you remove that problem BTC will only ever be Quazi-Decentralized.