So does that mean that the law will not touch your virtual wallet in case of debt, for example?
This is the beauty on using up cryptocurrencies which once you do able to store up your coins or belongings no one can able to access it or bruteforce.
Even if the government or law do have the power to confiscate or rights to deduct but they cant do anything as long the users is unknown or doesn't permit
any access on the wallet.