What Is Bitcoin Good For?
Police cannot seize your Bitcoin*
Citizens need not ever be arrested or convicted of a crime for their cash, cars, or even real estate to be taken away permanently by the government.
Asset Forfeiture Abuse – American Civil Liberties Union
The government and banks cannot freeze your Bitcoin* because of your political protest
Canadian authorities said Tuesday that they were lifting freezes on hundreds of bank accounts associated with protest organizers and Canadians who had blockaded Ottawa’s streets with their vehicles.
Canada Ends Its Freeze on Hundreds of Accounts Tied to Protests – The New York Times
Banks cannot freeze your Bitcoin* for political reasons
The Good Neighbour North District Church, whose volunteers gave “humanitarian aid” to protesters, said on Facebook that its HSBC account was frozen as an “act of political retaliation”.
Hong Kong bank account freezes rekindle asset safety fears – Reuters
PayPal cannot freeze your Bitcoin*
PayPal is facing a class-action lawsuit alleging that the digital payments company violated racketeering laws by freezing customer funds without offering an explanation. When users contacted PayPal about the frozen funds, they were told they had violated the company’s “acceptable use policy” but weren’t told how that violation had occurred, the lawsuit says. What’s more, it alleges that in at least one instance, PayPal said that a user would “have to get a subpoena” to find out why.
PayPal stole users’ money after freezing, seizing funds, lawsuit alleges – Ars Technica
Wells Fargo cannot freeze your Bitcoin*
Talk show star Wendy Williams is at risk of defaulting on her mortgage and leaving her employees without pay after Wells Fargo Advisors froze access to her accounts, according to court documents.
Wendy Williams asks judge to unfreeze Wells Fargo account containing ‘several million dollars’ – Yahoo! News
*Bitcoin held in a physical hardware wallet
