Cryptocurrency enthusiasts will respectfully disagree.
This is the one and only thing crypto is actually good at, if you don't make a mistake and let yourself get hacked, no amount of force will let anybody seize your crypto without your consent.
This is the one and only thing crypto is actually good at, if you don't make a mistake and let yourself get hacked, no amount of force will let anybody seize your crypto without your consent.
Obligatory xkcd: https://xkcd.com/538/
also there is no ownership in crypto, only partial control of the entries on the ledger via private key
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1. 99% of cryptocurrencies are based on blockchains or DLTs (Dsitributed/Decentralized Ledger Technology) - ledgers or Systems of Record - so they are registered assets, not bearer assets. You change the ledger (e.g. by forking it) and now the ownership record has changed
2. Fiat is backed by violence -> https://xkcd.com/538/
There have been several divorce cases where spouses have tried to evade funds using crypto, and the court could still confiscate them, by threatening with jail time