Saturday, June 9, 2018

Police Can Legally Steal Your Money (in the US)


"A 64-year-old Cleveland man is suing U.S. Customs and Border Protection after agents strip-searched him at an airport in October and took more than $58,000 in cash from him without charging him with any crime, according to a federal lawsuit filed this week in Ohio. 
Customs agents seized the money through a process known as civil asset forfeiture, a law enforcement technique that allows authorities to take cash and property from people who are never convicted or even charged with a crime. The practice is widespread at the federal level. In 2017, federal authorities seized more than $2 billion in assets from people, a net loss similar in size to annual losses from residential burglaries in the United States."

If you thought the country you were living in is some backwater bullshit of a country, let me introduce you to the fantastic U S of freaking A.

Civil asset forfeiture is a long known problem.

It's a big problem.

And nobody likes talking about it because 90% of people can barely even believe that it exists.


I have a tiny device that helps me securely store "digital funny money" that I can access for anywhere in the world as long as there is internet.

And if I lose it? I can just buy another device and generate my access keys to my cryptocurrency and all is well again.

The use case of cryptocurrencies to avoid this kind of wrongful seizure of your OWN money is glaringly obvious.

You don't need to trust the government will not be screwed up. With cryptocurrency, you don't even give them the chance. For all intensive purposes, even if they do know how much cryptocurrency you have, they ain't ever getting it from you, except through torture. And in which case, you're living in a screwed up country already. All the best living in that regime. I hope you manage to escape.

I've enough money to give me a decent start wherever I decide to plunk myself at, if I ever chose to do so. It's not that I want to do it, but it's the absolute knowledge knowing that I can.

I am free.

3 comments:

  1. Congrats GMGH, you've become one of sinkie-land's first sovereign man.

    Just need to secure PRs and passports of other nice places.

    ReplyDelete
    Replies
    1. Hey Anon,

      Heh. Perhaps those things are already in the works? ;)

      Delete

  2. Great Article it its really informative and innovative keep us posted with new updates. its was really valuable. thanks a lot.
    Best Cryptocurrency in 2018

    ReplyDelete

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