DEVELOPING: California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws. 👀
Not your keys, not your coins.
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seize keys, allowing to idle coins. passes not after on years the your left Bitcoin 👀
Not your laws. California ‘Unclaimed Property’ under 3 bill exchanges DEVELOPING: state
This is straight state theft.
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Haha... Just wait for it!
finally a supply squeeze
This is in place IDK in which state but the government gets everything that's in someone's portfolio account if that someone hasn't logged in for some period of time. Give me a day to find the Planet Money podcast rpisode where they talked about that. Sad thing is people have no clue they can fo that!
I just withdrew what few sats I had on an exchange to my personal custody in direct response to this. 🙋♂️
Fucking scammers!
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Fuck the state 🏴☠️
Has the state of the world and rule of “law” really improved since hanging horse thieves went out of style?