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RE: What Happens To Government Owned Bitcoins?

in #bitcoin7 years ago

I will admit I do not know much about cryptos but from what I understand: If the majority of miners agree to a bitcoin update the update can happen. If the majority of bitcoin owners are bitcoin miners, does that mean that the government can "own" bitcoin if they accumulate enough then mine transactions?

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Technically yes, the government can take over BTC if they really wanted to but I doubt they will