Confiscation of crypto assets: whose side the tech giants will be on

Confiscation of crypto assets: whose side the tech giants will be on The former chief technology officer of Coinbase is confident that some of the well-known technological whales will help governments and other fiscal authorities seize cryptocurrency from individuals. This, of course, will hit the business reputation of companies but will avoid serious sanctions.In an interview for the Impact Theory podcast, Balaji Srinivasan stated that one-day companies may betray their customers. If, for example, G7 countries decide that confiscation of digital assets is legal and allowed, then monsters such as Apple, Microsoft and Google can lend them a helping hand.Balaji Srinivasan, an active bitcoin holder, believes that before the threat of a global economic crisis, US governments, China, G7 or other financial groups may decide to seize digital assets to solve financial problems. This is where access to technologies that can easily scan our devices to find and transfer private keys to the interested party of the transaction comes in handy.Will we be able to protect our crypto capitals?If crypto assets cannot be confiscated, then communities will be able to operate with digital gold or tokens, form sovereign crowdfunding territories, and, ultimately, build what is commonly called network states.Big tech firms can help governments seize digital assets - there are many factors of fiscal pressure on businesses. And the most dangerous corporations whose technologies have direct access to the operating system are Microsoft with its popular Windows, Apple with updates that have built-in hacker algorithms, and Google, which can hack and read your Google Drive.And what do you think - is it possible to confiscate assets in the digital world? And how to deal with it?Profits to yall!#ForexChief #Coinbase #stocks #Market #forexnews #blockchain #worldnews #crypto