Technically USD is not money, it's just a currency, a medium of exchange. However, it is still referred to as money in everyday language. For it to be money it has to preserve it's value over a long time period, such as gold. While it was pegged to gold it was considered money
Don’t worry cutie my replies aren’t for you they’re for everyone else.
Well since the first cryptocurrency was created 12 years ago, you’re being a bit unfair.
Bitcoin in those 12 years has had the highest uptime of any network ever.
Good start. So far but you’re right, it’s important to diversify!
Gold and silver is the safe bet. Cryptocurrency has way more potential than fiat ever did though.
It’s about analyzing risk vs reward.
I wish you well
How would they seize gold bars that they know you buried somewhere, but don't know the exact location?
They put you in jail for contempt of court until you reveal the location, or they seize other of your assets of equivalent value, or if there isn't enough of that they garnish your wages for the rest of your life until it's paid off.
No need to break the encryption, just to break *you*.
Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted."
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury, except in cases arising in the land or naval forces, or in the militia, when in actual service in time of war or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation."
combine that with a kick ass lawyer they wouldn't waste their time on the threat of a civil lawsuit.
at least in the United States.
So, how would they seize those gold bars I mentioned?
It's a fine fantasy to think that you can just sit smugly in court and the government would be powerless against you. It's very very rarely *reality*, though. [H. Beatty Chadwick](https://en.wikipedia.org/wiki/H._Beatty_Chadwick) holds the record in the US for contempt of court incarceration, he spent 14 years in jail without ever being charged with a crime. [There's a large section on United States legal theory in the Wikipedia article on contempt of court](https://en.wikipedia.org/wiki/Contempt_of_court#United_States).
And, of course, the whole world is not under the jurisdiction of the United States. Less of it every passing year, it seems. So when you say "the feds", which federal government are you referencing?
I agree. It’ll be interesting one day if equity tokens are exchanged like money which it could. You know how corporations bonus you in stock options? I can imagine a world where a token could be allocated to you continuously for employment and unlocks every week or every day that is both equity and fungible money to trade for goods and services.