For making profit or gains.
The state doesn't give you protection on you buying shares either.
And if someone would steal your bitcoin, shares or whatever, the state would allow you to use the legal system to get it back. Its your issue if you use something which is inherant intransparent, partially anonmous and globally unregulated.
The tax is there to pay streets, kindergarden, schools, etc. btw.
> The state doesn't give you protection on you buying shares either.
Of course it does. If somebody takes my money but doesn't give me shares they are going to jail. If you try that with crypto the police will laugh you off.
No they wont.
They probably struggle helping you but thats a problem of crypto not of the police.
But hey crypto is 100% save right? You don't need help with crypto anyway. It solved all trust issues right? right?
Sam Bankman-Fried tried it, and now he's rotting in jail wishing the police had laughed off his victims.