With transparent blockchains, if the coins that you own can be traced to you, then it can later be observed if they move. Publicly observed. By
anyone in the world who wants to watch. (And if the coins cannot be traced to you, then this discussion is irrelevant.) Lying about losses in any kind of an official context could usually result in hard prison time. Lost coins are permanently unspendable; “lost” coins do not exist in Bitcoinland.
If you are susceptible to boating accidents, it would be tragic to HoDL a privacy coin. Why, if you lose your keys, you cannot even provide your view keys on demand! Such loss.
incoming_transfers available uses
sweep_all [...rinse, repeat at random times...]
Not necessary with That Other Privacy Coin.Bitcoiners have less to fear from boating accidents, and more to fear from getting hacked. [...]