I am a bit old fashioned, read "old" and this crypto bullshit scares the heck outta me. Am I wrong in thinking that at anytime my digicamal "wallet" could be shutoff? Let's say some three letter outfit is reading these posts and they don't like what I am writing? Then BOOM, you are shutoff....I read that book 1984 boyos, and I am not in favor of where we are headed...
They might not be able to access your funds, from what I've read (at least with Germany), but they will make sure you won't be able to either. A man in the middle attack against your account would see you virtually bankrupt without any asset seizure. I don't trust ANY tech, my friend.
I am a bit old fashioned, read "old" and this crypto bullshit scares the heck outta me. Am I wrong in thinking that at anytime my digicamal "wallet" could be shutoff? Let's say some three letter outfit is reading these posts and they don't like what I am writing? Then BOOM, you are shutoff....I read that book 1984 boyos, and I am not in favor of where we are headed...
They might not be able to access your funds, from what I've read (at least with Germany), but they will make sure you won't be able to either. A man in the middle attack against your account would see you virtually bankrupt without any asset seizure. I don't trust ANY tech, my friend.
They just have to cut you off from the internet to keep you from your funds, of course that approach works with most traditional accounts too.