DEVELOPING: California passes bill allowing the state to seize Bitcoin left idle on exchanges after 3 years under ‘Unclaimed Property’ laws. 👀
Not your keys, not your coins.
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This is in place IDK in which state but the government gets everything that's in someone's portfolio account if that someone hasn't logged in for some period of time. Give me a day to find the Planet Money podcast rpisode where they talked about that. Sad thing is people have no clue they can fo that!
Fuck the state 🏴☠️
Has the state of the world and rule of “law” really improved since hanging horse thieves went out of style?