Your theory/ suspicion makes perfect sense.
The# Ledger recover move is starting to make a lot more sense now, they need to be able to access your funds so they can act on behalf of the tax man.
https://void.cat/d/afbsPq5XppKHH5jkyeGfj.webp
#MetaMask new TOS claim that they can withhold funds for taxes, so basically all alts are fully captured
https://beincrypto.com/metamask-terms-update-confuses-community-tax/
It's really only the #Bitcoin that would be hard to get a hold of, but if you offer people "insurance on their keys" to give up their keys, well you solve that problem don't you?
It also starts to make a lot more sense why shitcoiners are so obsessed with #Ordinals and #BRC20 tokens, because these unregistered securities can be traded on-chain and cannot be captured by infrastructure providers for tax compliance or paused because of blacklisting
They are willing to pay high fees, to guarantee their ponzis profits can't be rugged by governments
That's my conspiracy theory for the day, oh and GM!
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