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by georgyo 1780 days ago
Which federal government? The whole point is that these are assets that are not tied to any country.

The country you reside in may tax you non-state-currency assets, like selling a painting. But if a painting is stolen around the world at the same time, many governments may have collected taxes on part of that painting. Which government should be the government to persue the theft?

In a different way, if 600 million USD was stolen in cash in France. The US would work closely with the French government to close that case. The US would not be the one to foot the entire bill of solving the case.

Here no government has any real stake or harm to reputation to close the case.

1 comments

Both sides of a theft are ppl, which are resident of some country.
Yes but cryptobros want to have it both ways.. 1) It's not a security so it doesnt need to be regulated 2) But also if something bad happens the law should save me

Do the police get involved if someone steals your sword in WoW? Do they get involved if a bigger Twitter account "steals" your meme and reposts it without attribution?

But which country is it enforced? The one where the thief resides or the one where the victim resides?
Assuming you can find the thief and assuming the victim even wants to talk to the authorities about how they got it in the first place.