[thatjamesdude]

Comments like this make me think we software engineers live in a different world.

>unlike USD, the court can’t do something like garnish your wages to pay back a 10M settlement by taking some crypto out of your incoming transactions

You think so, do you? "The law is the because that's what the law says it is". It might not be possible now (and I'm not sure I believe that, you can garnish foreign wages) but it will be if the need arises.

"But the code" yeah, no, that's a silly argument that only applies to cyberspace and not the physical world you occupy

[judge2020]

It's 'legally' possible in that the court can say that you have to pay back some amount of crypto or some amount of USD, but with crypto it's not something that they can enforce in reality if the debtor doesn't cooperate. I'm saying the court can't force incoming transactions to be 60/40 split with 40% going to a different party, and the anonymity part of crypto means you can create a new wallet whenever you want to get paid without the court even knowing that you are receiving crypto as payment.

[dragonwriter]

> and the anonymity part of crypto means you can create a new wallet whenever you want to get paid without the court even knowing that you are receiving crypto as payment.

Yeah, and if you get paid in cash you can keep it secret to.

OTOH, if your lifestyle reveals you have access go and are spending funds and not making required payments, courts can impose other consequences, up to and including imprisonment. But usually, seizing and selling off physical or reachable intangible property would be the first way to handle monetary debts. And, sure, crypto itself may be easy to conceal, but if you can’t use it to acquire anything tangible without sacrificing the safety, is it really usefully safe?