And that is why I'm not long term on Bitcoin - the only way we beat the banking system is to not be part of it.
But how do they know what coins are being stored on hardware wallets? If we just say all our cryptos like Bitcoin that could be tracked are "lost" how can a government agency see who owns what when they they don't have accesses to the wallets?
Public ledgers and all transactions can be traced. Nothing is hidden
Monero on a hardware wallet?
Relates to BTC XVG was also supposed to be a hidden network but never took off.
That's the beauty of bitcoin, it runs on a public ledger.
And that is why I'm not long term on Bitcoin - the only way we beat the banking system is to not be part of it.
But how do they know what coins are being stored on hardware wallets? If we just say all our cryptos like Bitcoin that could be tracked are "lost" how can a government agency see who owns what when they they don't have accesses to the wallets?