General Discussion
In reply to the discussion: Bank Accounts of Canadian Protesters Seized [View all]localroger
(3,776 posts)If you have a self-managed investment portfolio or something like a simple IRA or 401(k) with less than $1 million in it, you're considered not to be in very good shape for retirement. There's a lot of question marks here, though. For example, it's not physically possible to put any kind of external control on a bitcoin wallet unless you get its password, and there is no back door or recovery mechanism for this on the blockchain. You could, though, seize an exchange account where you have "bitcoin" in the form of an account with the exchange ready to be converted one way or another, or if you have given the exchange the password to your wallet (which is equivalent to giving them all the bitcoin it contains). I suspect that under the emergency order they have grabbed everything grabbable, and will go about sorting out what is really owed as fines later.