No one in the crypto community ever mentions how government enforcement actually looks like in real life.
Governments would have to do that to the trillionaire class, too. Unlikely that they will do that. They would have to destroy their own economy. It would be way easier to simply print money or tax anyone else at a higher rate.
If they would create a stock tax it would be one of 2 senarios: either they will create a tax (not 100%) or it will be a communist 100 percent wealth tax. But communist dictatorships aren't born overnight. In democracies there are debates going on in parliament. I would have left the country before any of these laws are passed.
Besides, governments can make similar enforcements to bitcoin by creating a law that will essentially destroy it's price. It's very easy, too. Governments simply have to say: holding or accepting crypto carries a mandatory death sentence.
So there is no guarantee for anything not even crypto.
That's why diversification is still king.
