[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