Official Seizure

This may seem like a far-off possibility. But there are precedents in the legacy financial system. In 2010, Cyprus seized bank deposits to deal with a budget crisis. In 1933, the United States government confiscated all monetary gold from its citizens.

Mitigation:

  • If you hold your Bitcoin in sovereign storage, you will at least be able to decide how you respond to an order, rather than having keys and wealth automatically confiscated.