02-17-2023, 06:48 AM
Financial freedom is important, but it does not give you authority to break or evade
<!-- SC_OFF --><div class="md"><p>I was reading over the Tate brother’s case on how there was about 500k in BTC seized and was kinda surprised at how many people were calling it an injustice or a travesty that someone had their crypto taken away by a government who was trying them. Do people honestly believe having self custody of your crypto makes them above the law? </p> <p>Cryptocurrency is still an asset than can be exchanged for goods and services in multiple countries across the world. Most commonly when exchanged into native fiat of a country. </p> <p>When someone is charged with a crime and assets are seized, it’s not different just because it’s crypto. Governments can freeze your stocks/bonds/bank accounts and seize your cars/planes/other assets if they deem you a travel risk.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odysseus_Lannister"> /u/Odysseus_Lannister </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/113sqal/financial_freedom_is_important_but_it_does_not/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/113sqal/financial_freedom_is_important_but_it_does_not/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I was reading over the Tate brother’s case on how there was about 500k in BTC seized and was kinda surprised at how many people were calling it an injustice or a travesty that someone had their crypto taken away by a government who was trying them. Do people honestly believe having self custody of your crypto makes them above the law? </p> <p>Cryptocurrency is still an asset than can be exchanged for goods and services in multiple countries across the world. Most commonly when exchanged into native fiat of a country. </p> <p>When someone is charged with a crime and assets are seized, it’s not different just because it’s crypto. Governments can freeze your stocks/bonds/bank accounts and seize your cars/planes/other assets if they deem you a travel risk.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odysseus_Lannister"> /u/Odysseus_Lannister </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/113sqal/financial_freedom_is_important_but_it_does_not/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/113sqal/financial_freedom_is_important_but_it_does_not/">[comments]</a></span>