Oddbean new post about login | logout > the Government can't take your bitcoin if it's in self-custody, HODL Meanwhile, the Goverment, casually seizing over 200k bitcoin without breaking a sweat: https://image.nostr.build/72f88ce01a7fe8a82a5fe10b92186f65844bbedfa7bc18d05e2e664ba0227775.jpg
How would you seize BTC on a hardware wallet? Guess the seedphrase and initiate transfers to your own govt wallet?
Come work for us and we will show you 😉. Humans are the easiest to break.
With a 1.5 billion dollar wrench?
https://youtu.be/tH0bTpwQL7U?si=CEQnmkJL9URTcd5- I think I’ll hold out for something better
Question: If I have $1,000,000 in Bitcoin on a hardware wallet, but my dog ate my notebook my seed phrase was on and my toddler flushed the wallet, can I report that as a loss on my taxes?
Losses require that someone else has a gain, right? 🧌
