Bitcoin Much Easier to Confiscate Than Gold: A Comparative Analysis

Source: CryptoNewsNet Original Title: Canadian Billionaire: Bitcoin Much Easier to Confiscate Than Gold Original Link: Bitcoin’s design makes ownership transparent in a way gold has never been. Every transaction is permanently recorded on a public ledger. Addresses can be clustered, and different types of behavior can be analyzed.

Confiscation does not require physical access, given that it is sufficient to have enough legal authority and leverage over custodians, service providers, or the individual holder. Bitcoin reserves are entirely comprised of confiscated coins in some cases.

Gold, by contrast, exists largely outside digital systems. Physical possession still matters. It can be stored privately, moved discreetly, and transferred without leaving a global audit trail.

Confiscating gold is logistically expensive and politically visible. It requires search, seizure, storage, and enforcement at scale.

Bitcoin requires none of that. A court order, an exchange subpoena, or pressure applied to a custodian can achieve the same outcome with far less friction.

On Bitcoin’s Future

Despite recognizing Bitcoin’s flaws, analysts do not think that the flagship cryptocurrency will disappear overnight. In fact, they do not rule out that it might even go up in price.

The perspective takes issue with the methods by which the flagship cryptocurrency is being promoted to the general public, claiming that this promotion is mostly based on “greed and FOMO.”