[robbiep]

For all practical purposes crypto is just another asset class, that gets taxed on capital gains and is registered with centralised exchanges - so 1. Just doesn’t exist for pretty much all practical purposes

[meheleventyone]

And for 2 they can just take other assets in lieu and/or stick you in jail for non-compliance.

[ur-whale]

> And for 2 they can just take other assets in lieu.

Assuming you have any other or the bulk of your net worth is not stored as crypto.

[meheleventyone]

Well then you just get it taken when you use it to buy things and get thrown in jail for not complying with a court order.

I mean this is already a silly scenario where you’ve got married to someone you have an intensely adversarial relationship with and tried to hide all your assets by making them unusable.

[ur-whale]

> so 1. Just doesn’t exist for pretty much all practical purposes

Says you.

You can buy crypto person to person. The transaction isn't registered on any exchange.

You can mine it. Nothing gets registered anywhere.

If you choose to buy cryptos on regulated exchanges (why would you ?), bear the consequences of your choices.

[robbiep]

pretty much everyone who has got into crypto outside of early adopters has bought through an exchange. And a lot of it sits on exchanges or in centralised wallets. Unless you're a drug dealer or other criminal, or a miner, you do not have significant assets sitting in crypto that are hidden to any great effect