Hello IRS, welcome and thanks for asking.
That's actually one of the main pillars of beliefes in the bitcoin cult.
Unfortunately most of their members loose all their bitcoins in boating accidents, right after buying.
Discussion
I was warned about the boating accidents so took care to avoid going out to sea. Then I got side swiped by a boat being hauled by a truck on a trailer. Wrecked off the road, into a power transformer. I got out but the car exploded and it burned up my wallet and seed phrase. Just stay away from all water vessels, even on land.
This is a true story.
I can assure you that I am not the IRS, lol!