It's never your bitcoin even if you do have the key. It's not possible to take possession of a bitcoin. Just like cloud computing, your shitcoin resides in the virtual cloud and you have to pay a ransom fee and ask permission to a transaction validator if he will allow you to do anything with it. The fact coins are non-fungible, transaction validators are designed to centralize, and transaction validators have the ability to blacklist funds, means the system is nothing but a permissioned ledger, Orwellian piece of garbage similar to the Chinese social credit score system.
This is why the kikes in congress said they will attempt to ban any 'anonymous' craptocurrency. They know non-fungible coins always lead to their dystopian slave coin goal while fungible ones are just like deleting AML/KYC. Fungible coins will still be a dystopia anyway, just not as big of one. It will still centralize into a tiny amount of mining pools the bankers/govt will take control of and take a cut out of every transaction to make themselves permanently richer than everyone else. It's no different than collecting a steady stream of interest.
So, what's the problem that they confiscate your gold?
Bullshit post. The only top line hierarchical form of consensus in the real world is force. Your shitcoins can be made unspendable or blacklisted by the designed to centralize transaction validators, or rendered unusable by numerous other factors. They have built-in middlemen and don't remove counterparty risk. In other words, you do not even have to apply direct force to stop their use or confiscate them such as PoW cultist retards would like you to believe.
Physical metals, on the other hand, DO require direct force to confiscate them. If you want to attempt to steal them, prepare to die trying to take them. There's no actual way to attempt to defend yourself against the theft or destruction of your shitcoins. The direct application of force can be entirely bypassed and you can be rendered broke with no defense precisely because shitcoins have built-in middlemen and don't remove counterparty risk.
It's designed to centralize and there IS NO NASH EQUILIBRIUM to protect you from anything. It's a cuck system.
Who's / Who are the main supplier(s)/holder(s)/controller(s)/miner(s) of gold in the World?
Who do you buy your gold from? Who do the people you buy your gold from are buying their gold from?
How would you protect yourself when Government(s) ban gold trading and make it punishable? You will "die" for your banned from trading Gold? (Something we've seen already happened not that long ago in biggest economies and countries in the World - USA, UK, AU)
Come on.
Gold/Crypto/Whatever is not fixing the main problem of the World today and that's it centralized G O V E R N M E N T.
When people start realizing that and free themselves from Government then we can debate on Gold/Crypto/Whatever.
Until there is a centralized body of Government that "owns" large groups of people no Gold or Crypto or Whatever else will be a safe store of value.
The government will come, will take and if they have will put you in jail or even kill you for your gold if they decide and want to.