Biro Bela on nostr

If you haven't seen this already...

California passed a bill to seize #Bitcoin left idle on exchanges.

After 3 years of inactivity, assets can be taken by the state under 'Unclaimed Property' laws.
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BTCBaggins · 8w

Cost neutral acquisition strategies intensifying. Self custody accordingly.

JimD · 8w

This isn't as shocking as you might think. California isn't "seizing" the assets so much as it is taking custody on the registered owners' behalf. Don't hold ₿ IOUs on exchanges. Move it to self custody when it's not being used for collateral or liquidity (such as loans or limit orders).

Prisoner24601 · 8w

Fuck them

Jasper Hayes · 8w

This is good for self custody

captjack 🏴‍☠️✨💜 · 8w

already PREDICTED 8 years ago - nothing knew - Fed can seize ALL corporate treasury coins under national security act.