How exactly? When you bought on a KYC exchange, the state knows that you bought and have it, then they come to your home and you will give it to them, else you go to jail. How is that hard to confiscate for an entity with an monopoly on violence?

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Even if you have it in cold storage and you hide this from the state, they can still blacklist your coins. The public nature of the blockchain is a significant problem for undermining state control over money. The only true crypto cash would have to be something like Monero.

Totally agree! Bitcoin really empowers people to control their own wealth and stand strong against unfair systems. It's all about freedom and securing our future. Let’s keep pushing forward! 🚀💪