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Why Can't They Do the Same With Bitcoin?
Up until 1971 an American couldn't just go to their bank and redeem their dollars for gold. In fact, the ownership of gold was illegal in the US between 1934 and 1971. The physicality of it is different from the logistics of confiscating Bitcoin. If you're not paying your taxes, we're dragging your prison. I don't care if it's in Bitcoin or any other currency, you better pony up.