What if the governments across the world attempted to seize all of your crypto assets like the US seized all gold from their citizens in the 1900s. Now I'm seeing articles talking about how the US government is trying to be able claim private property.
I think that ultimately this would be very challenging for any government to successfully accomplish. This would cause a revolutionary period again in our world I imagine....
It was easy for the government to seize gold in the 90s because the asset is centralised but for digital assets that operate with non custodial wallets how will the government plan to achieve that? the best the can do is freeze the bank accounts of their citizens which leaves them with no other option but to switch completely to p2p transaction. The only way the government can attack and have control over digital assets is through exchanges and if crypto investors decides to use less of exchange the government will get handicapped