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Reminds me of this recent court case in Germany.

https://www.heise.de/en/news/Higher-Regional-Court-Virtual-t...

That one made my eyebrows hit the ceiling. If crypto can't be stolen because it isn't a physical asset, what does that mean for money that's in your bank account?

Wait, maybe that's the point.

Crypto isn't money.

The point isn't whether or not it's money, it's about whether or not it can be property. Money is property.

If crypto isn't property and can't be protected by property rights, then it's quite foolish to spend money to obtain it.

In Germany (IIRC) crypto is legally money and that's why you don't have to pay taxes on your trading gains, because it's just currency conversion. (IANAL; consult a lawyer before attempting to legally not pay taxes)

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