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Monday, December 2, 2013

Silk Road Case Could Set Bitcoin Legal Precedent For Many Years

Silk Road Case Could Set Bitcoin Legal Precedent For Many Years
Silk Road Case Could Set Bitcoin Legal Precedent For Many Years

This is another plus for Bitcoins, if you are attacked by the government they can claim they have "confiscated" so many Bitcoins from Ross Ulbricht but in reality they have confiscated shit! Unless they know the password and code to the Bitcoin wallet they will never have possession of the Bitcoins. As a matter of fact if Ross trusted someone and shared that info with them they may have already removed the Bitcoins from the wallet. This is why the state hates bitcoins, it makes them look like fools. The state cannot control Bitcoins.

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