Posted on 11/26/2025 6:58:08 AM PST by delta7
...Investors Flee as World Wakes Up to Hacking, Seizures, and the Myth of Crypto Safety.
Over the past six months, Bitcoin has seen its price tumble from highs above $120,000 to around $85,000, while gold has surged to nearly $4,100 per ounce—up over 50% year to date. This divergence perfectly reflects escalating fears: waves of bitcoin seizures, hacks, and asset forfeitures have hammered confidence in its “safe haven” and “unconfiscatable” narrative. As governmental power over digital wallets grows, investors are flocking to gold, reaffirming its historical role as the ultimate sanctuary and leaving Bitcoin in the shadow of mounting vulnerability and stress.
Meet Joe Reilly, an Alberta trucker, clutching his phone and staring at a frozen Bitcoin wallet. The news hits like black ice—his digital protest fund, powered by the “decentralized” promise of Bitcoin, has been immobilized by Justin Trudeau’s official order. What had seemed impossible was now routine: governments were seizing or rendering inert bitcoin reserves, with just a handful of keystrokes.
But Joe wasn’t alone. In late 2025, China delivered the loudest warning yet to the world: U.S. authorities had seized approximately 127,271 Bitcoin (today’s value: $15 billion) in what Beijing blasted as a state-directed heist against Chinese interests. China’s officials asserted that these coins, originally mined by LuBian—a top-tier Chinese mining pool—were stolen in December 2020 and lay dormant until a sudden flurry in June 2024, only to reappear under American control following a blockbuster Justice Department indictment against Chen Zhi, the Prince Group chairman. The indictment not only exposed one of the world’s largest cyber-fraud and forced-labor rackets but also bore a chilling detail—the bitcoin seized, now valued at $15 billion, was allegedly the very stash siphoned from Chinese and Iranian miners.
How seized bitcoin stacks up
Joe’s wallet, maybe holding just 1 Bitcoin (today $118,000), echoed a global pattern. Here are ten landmark cases, each paired with today’s market value:........
Gold Price Performance USD
Change Amount %
Today +3.03 +0.07%
30 Days +175.02 +4.41%
6 Months +840.95 +25.47%
1 Year +1,501.75 +56.87%
5 Year +2,355.58 +131.83%
20 Years +3,646.45 +735.19%
goldprice.org - 09:58 NY Time
If you can’t hold it, you don’t own it.
Tulip bulbs?
Just don’t live in Canada, which is a modern slave state.
Silver in comparison:
Silver Price Performance USD
Change Amount %
Today +0.80 +1.56%
30 Days +4.10 +8.70%
6 Months +18.09 +54.48%
1 Year +21.23 +70.56%
5 Year +28.61 +126.07%
20 Years +43.11 +525.87%
silverprice.org - 10:01 NY Time
Tulip bulbs?
“Today’s U.S. government bitcoin hoard, approaching 325,000 BTC (totaling about $38 billion), is almost entirely the result of asset forfeiture, criminal probes, and centralized management—nothing was “opted in” as a reserve or untouchable store of value.”
This article is bullshit. There is no way the Canadian government could freeze anyone’s Bitcoin wallet unless it’s not self-custody.
This happens often in the Bitcoin world. I have to chuckle at the number of times bitcoin has been declared “dead.”
The last time it crashed, Netflix crashed more….but no one ever made that comparison.
It is a volatile asset. But over the years the gains have been magnificent. Just be sure to take some off the table at every cycle.
Meet Joe Reilly, an Alberta trucker, clutching his phone and staring at a frozen Bitcoin wallet. The news hits like black ice—his digital protest fund, powered by the “decentralized” promise of Bitcoin, has been immobilized by Justin Trudeau’s official order. What had seemed impossible was now routine: governments were seizing or rendering inert bitcoin reserves, with just a handful of keystrokes
EVERYONE who owns bitcoin should know that if you don't control your keys, you don't control your coins.
The fact that Canada was able to "freeze" his Bitcoin has NOTHTING to do with Bitcoin and has everything to do with how the guy chose to store it.
If I chose to store my Federal Reserve Notes on my front porch, I probably would not be able to use them for very long.
$85.000 / $120,000 = 56% drop? New math?
Taking a chapter from a book called Ponzi? Like that. Tulips? Emu? Llama?
Complain about fiat currency and buy bit coin? What am I missing?
I recently asked Grok to tell me how much of the world’s fiat currencies value is compared to the value of all gold ever mined and still in existence.
I was surprised that about 20% of all fiat currency value is the value of all gold now in existence. Remarkable.
I’m no gold bug, but a gold and silver backed currency is not nuts!
A friend of my brother’s has been bullish on Bitcoin for over 15 years. He bought quite a bit of it way back when it was really just starting out. The guy has always been a bit of a flake, but I thought he at least did that one thing right.
So, a couple of months ago I was in Seattle visiting my brother and said I suppose his friend is doing awesome with his bitcoin now. My brother said, nope. He lost it all to FTX.
Can you get your mastercard to payout in BC? What about aluminum cans or plastics recycling? Its just about time that we are gonna need a service to handle all the dead lithium batteries piling up. Not everyone has the joy of watching their very own Tesla burn down in the driveway.
I bought 23 ounces gold this spring. It has turned out to be a good investment. I also bought three undeveloped properties next to my home in SW Florida. Also a good investment.
Bitcoin and cash are a bad investment. Cash because of inflation and bitcoin because it doesn’t really exist.
Yep. Remember the 1600s.
If you can’t touch it, it doesn’t exist..............
News for you. We’re all in modern day slave states. The only difference is the real estate we choose to dig our heels into.
Oh yes, the lovely federal reserve. Private company lending government money with interest. It’s amazing how many people don’t know this. Gold and silver would be safer bets. This digital stuff is all smoke and mirrors, and I’d never involve myself in it. I’ll put money into livestock and real estate.
That’s what I don’t get. Bitcoin and “crypto” has been hyped as the new free trade no borders government untouchable asset. I read an awful lot of stories of governments seizing accounts.
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