Is Jimmy Song right?

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Sure because Authorities can't fuck Jimmy Song in his asshole and throw him in jail because he loves Big Black Buba Cock in his tight tiny anus.

couldn't they just arrest me and take away my private key or freeze my exchange account? wtf is this faggot coronavirus spreading faggot on about?

>take away my private key
he doesn't have a diversion key. what a fag

>Need a internet provider to perform transactions with "your" Bitcoin

They can only do that if you don't want to get gang raped in jail.
If you like to get your ass fucked by hundreds of inmates the Authorities got no power over you.

that doesn't boost public morale and the last thing you want is society soviet style worried and complacent.

They'll just seize all your computers and storage devices.

I have my recovery key memorized for cardano. That's all I need.

Never trust a china man user.
He wants to sell his crappy books.

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The reason BTC is such a huge improvement on gold is that it's many times more defendable. He is right.

>retarded mongoloid babble
so glad we are going to wipe you off the planet. you're weak and repulsive.

Thats fine you still own it if you dont plan on making any transactions (which is retarded but true)

no retard. the point is that you can store your bitcoins in your head (e.g. by memorizing a 12-word wallet seed and destroying all other traces). the only way to make you part from your bitcoins is killing you, unlike for all non-crypto assets. it's even unprovable whether you own bitcoins or not, unlike for traditional assets.
hence why it's the very clearly the future of assets. boomers need to go extinct first,though.

Don't threaten me, reptile!

they cannot arrest you for "forgetting" your private keys.

man got arrested in 2010 for suspicion of being involved with child pornography. wouldn't decrypt his data. plead the 5ht. fed threw him in jail for 3 years, then court ruled that telling your encryption password is self-incrimination. they let him go free.

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I have my key tattooed inside my mouth

i've already made you go extinct. no kids. low test.
just a waiting game now...

>it already happened.
>now I'm waiting for it to happen.

yeah he is

Kind of, but authorities could seize whatever you have it stored on. They're pretty much fucked if it's encrypted though. Too volatile for real asset shit, but fun to play with investing.

This reminds me of a guy who refused to give his password to an encrypted laptop and he was punished for it. Imagine trying to explain and prove to idiot cops and retarded court you don't have private keys. You can't prove negative, you'll be held in contempt and rekt. This isn't perfect get out of jail free card.

the cost of freedom is slavery

So? Don't you have your drive encrypted?

>bitcoin is something you can really own
In a literal sense, sure. But it's also highly susceptible to the whims of whales manipulating the market left and right. And while the government cannot control bitcoin itself, they can control and fuck with all the exchanges you use to get in or out of bitcoin

They'll just force all exchanges to blacklist your address

They already do this too. You cannot send money to Daily Stormer's wallet, for example, from any major exchange.

lmao, my backups are spread in 3 continents

Not true, since I could make a transaction with MY bitcoin on YOUR pc and using YOUR provider.

No, actually it’s the dumbest thing I’ve read in quite some time! Because he pretends to be smart. All you own is the private key
Now look at my ID - another thing you cannot own

you can take the fifth. it has been a tested defense and worked.

you can actually send bitcoin via radio
also, mesh networks are coming

yes just trust the Chinese

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owning bitcoin doesn't protect you from arrest.
cowboy hats must lower your IQ.