If they had control over Bitcoin they would not be taking measures like this.
(twitter.com)
😷 DEM PANIC 💉
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Apples to oranges...all that takes is one person with the right log information to be able to see information coming and going. Bitcoin doesnt operate that way because of the 1000s of miners worldwide verifying transactions...all the individual computers have to agree on what the transactions are for it to be verified...you have to hack at least 51% of the miners for any fraudulent changes to take place...not being condescending please go look up how bitcoin works before you assume its just like all computer networks. Its not
As far as Bitcoin is concerned it cannot be taken from you. They can ban access to exhanges, ban apps, ban all the ways you can use it, but they can never remove it from he Bitcoin network, it is still there on the public ledger as belonging to your address unless you willingly, accidentally, or negligently give them your private key. And keep in mind some people dont even write their private key down they just memorize it and thats the only place it can be accessed
If you're accessing your Bitcoin wallet on a Windows, Apple, or Google OS, you're easily hacked, and there's a reason Microsoft, Apple, and Google are contributing to Linux and flooding distros with Flatpaks.
taps forehead
Hacking someone's wallet is not the same as hacking the Bitcoin protocol. Bitcoin itself has never been hacked in its ~12 years existence. And now with the amount of hash power on the network it's pretty much impossible.
I didnt even spend much time looking for this and filtered only from 01/2010-12/2016
https://search.brave.com/search?q=bitcon+hacked&source=web&tf=2010-01-01to2016-12-31
Do you think that was easy? Does it happen often? Did they do it without getting caught?
Manipulating bitcoin would be orders of magnitude more difficult. Like hacking every computer in the world simultaneously. Good luck. I agree that nothing is "impossible" but there are things that are so difficult to do that it's not even worth it.
Uhh I didn't deny it happened. If you know how bitcoin works, you might see the point I'm trying to make. Also, government "taking" someone's bitcoin is much different than fucking with the way bitcoin works.
Ya know what? Nevermind. You're right about everything. What would you like to teach me next?