Step 1: Register all your assets through regulated exchanges and KYC

Step 2: Make your government interested in digital asset forfeiture

Step 3: ...

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Step 3: Declare the boating accident

That assumes the funds never move again.

Well, you could put them all into jm and then scream on nostr or twatta like hell on earth has broken out. Something like "I WAS HACKED, HELP ME PLEASE" and call for the police.

not if someone found the bitcoins at the bottom of the ocean

That assumes you've never heard of Monero.

yeah the IRS is very forgiving when you simply tell them you lost your assets 🙄

If the gov wants to steal your wealth, the hardest one to steal is Bitcoin.

Just steal more of income or second houses of people.

Just print fiat and buy whatever you want.

System already in place.

Most don't understand Moneyprinter.

House not going anywhere.

Bitcoin in your head? or not?

Travel ban for everyone that might have Bitcoin?

Transfer across the world in minutes.

Pain in the regulatory ass

Yup

Step 4: try to sell ur btc for fiat and they will forfeit even no kyc in those places that comply with every regulation/gov.

Selling for fiat is not an option.

Using bitcoin is.

Totally. I just meant to pay for Bitcoin in places where they use regulated bitcoin processors…. P2P might be the only solution …

Make deals with IMF to incentive and capitalize reserves with forfeited bitcoins..

There is a trend..

Those damn North Korean hackers got me. I'm a victim!

probably nothing

Step 4: Crypto Death Tax