Canadian billionaire Frank Giustra has expressed concerns about Bitcoin's susceptibility to confiscation, arguing it is more easily seized than gold. Giustra points to Bitcoin's transparent blockchain, which records all transactions, making it easier for authorities to trace and potentially confiscate assets. Unlike gold, which is a physical asset with no digital trail, Bitcoin can be linked to individuals through wallet addresses and transaction histories, allowing for more efficient tracking by authorities. Giustra also highlights that Bitcoin's digital nature allows governments to target custodians or service providers to seize assets with minimal resistance, often through legal means such as court orders. In contrast, gold requires significant logistical efforts for confiscation, involving costly and politically sensitive operations. Despite these concerns, Giustra acknowledges Bitcoin's potential for future value growth but criticizes its promotion as being driven by greed and fear of missing out, rather than genuine belief in its long-term value.