【Crypto World】An interesting viewpoint has sparked discussion in the community: Is it actually easier for a country to confiscate Bitcoin than gold? This claim comes from an industry insider who is very familiar with crypto assets, raising several key questions.
First is the issue of ledger transparency. All Bitcoin transactions are recorded on the blockchain, meaning the flow of funds is transparent and traceable. Coupled with the fact that most people rely on exchanges or custodial platforms to hold Bitcoin, this gives regulators significant leverage—simply pressuring the platform can freeze assets. He even cited the precedent of the US government confiscating Bitcoin as proof.
In contrast, physical gold, while also traceable, is physically difficult to thoroughly audit. It can be stored in different locations, making regulation much more challenging.
However, this person also emphasized one point: he is not entirely bearish on Bitcoin. He simply dislikes those exaggerated claims that rely on fear-mongering and greed to promote Bitcoin. As for whether Bitcoin’s price will continue to rise? His attitude is open, and he did not give a definitive answer.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
Web3ExplorerLin
· 19h ago
hypothesis: the confiscation argument assumes governments have perfect surveillance, but self-custody literally breaks this entire premise... physical gold also got seized en masse during the 1930s, so this "safer" narrative is just revisionist history tbh
Reply0
MetaverseVagabond
· 19h ago
Confiscation theory is back again, so funny. What about self-custody wallets?
---
Gold is not a safe haven either; it can still be frozen. Stop talking nonsense.
---
Why do these experts always speak alarmingly? Think about it from a different perspective.
---
I agree that exchanges are risky, but isn't that exactly where cold wallets come into play?
---
It's the same old Satoshi Nakamoto topic, nothing new.
---
Gold can't escape either, so why single out Bitcoin?
---
The problem isn't the coin itself, but where you store it. Can't even figure that out.
---
So, self-management is the way to go. Don't rely entirely on exchanges.
---
Feels like these kinds of opinions always try to scare people. Actually, it's just like that.
---
Confiscation theory has been talked about for years; investors have already learned to be smart.
View OriginalReply0
AlphaBrain
· 19h ago
Ha, this kind of rhetoric sounds like it's whitewashing gold. Joking aside, upon reflection, it does have some truth to it.
I'm convinced about the confiscation risk, but the key is whether you know how to hide it, understand?
Here we go again, with this "expert says" stuff, it feels like everyone is just making excuses for their asset allocation.
In reality, both can be manipulated passively; it all depends on whether the government wants to target you.
These days, I can't believe people still make money listening to marketing. I'm honestly stunned.
Just because gold can't be seen or touched doesn't mean it's safe? Brother, there's plenty of stuff you can't see with the naked eye.
But he didn't call out any trades, which is a bit sincere—better than those who boast everywhere.
If you really want to protect your assets, diversification is still the way to go. Putting all your eggs in one basket is too risky.
View OriginalReply0
GateUser-26d7f434
· 19h ago
Hmm... this logic doesn't quite hold up. Exchange accounts frozen? Why not talk about self-custody wallets?
Gold can also be confiscated; it has happened in history before.
That said, the real risk is actually those exaggerated marketing claims, a lot of people get scammed.
Confiscation is essentially a political issue, not a technical one.
Why doesn't this expert mention on-chain privacy? That's a bit one-sided.
I still think both things need some balance; don't go all in on just one.
View OriginalReply0
FOMOSapien
· 19h ago
This logic indeed holds up; the exchange freezing accounts is the end of the story.
Is Bitcoin really easier to confiscate than gold? This point is worth pondering.
【Crypto World】An interesting viewpoint has sparked discussion in the community: Is it actually easier for a country to confiscate Bitcoin than gold? This claim comes from an industry insider who is very familiar with crypto assets, raising several key questions.
First is the issue of ledger transparency. All Bitcoin transactions are recorded on the blockchain, meaning the flow of funds is transparent and traceable. Coupled with the fact that most people rely on exchanges or custodial platforms to hold Bitcoin, this gives regulators significant leverage—simply pressuring the platform can freeze assets. He even cited the precedent of the US government confiscating Bitcoin as proof.
In contrast, physical gold, while also traceable, is physically difficult to thoroughly audit. It can be stored in different locations, making regulation much more challenging.
However, this person also emphasized one point: he is not entirely bearish on Bitcoin. He simply dislikes those exaggerated claims that rely on fear-mongering and greed to promote Bitcoin. As for whether Bitcoin’s price will continue to rise? His attitude is open, and he did not give a definitive answer.