Follow this to its conclusion - you "own" the coins, but they're on a hard drive hidden somewhere while you rot in jail for fraud. Do you own those coins? Can

Follow this to its conclusion - you "own" the coins, but they're on a hard drive hidden somewhere while you rot in jail for fraud. Do you own those coins? Can you functionally use them in the way you intend to? Are they fungible currency for which you have access to goods and services (hah! they're not that even now...) You don't get to "opt out" from society with a clever technical trick and some cryptography. For better or worse, we're in this together. Society is not a thing you can delegate to other people. It's literally the deal we're all working with as a group. If you think the group is making bad decisions... make a compelling argument and put it in front of the group. Or Leave. Or rebel. The ledger entry doesn't do you much good when you're bound by the covenants of the society you live in, and they think the ledger is wrong. --- The only place it may help is if you plan on intentionally breaking the covenants (ex: committing crime and fraud, such as black market deals - where I do actually believe crypto has a compelling use case [and have used it for such on the og silk road]). But now it's just a twist on the "rebel" category, and governments can and will treat it as such (see: China).