There is one truth to be learned when investing.
Everything for which you pay to third parties (including the state as a special form of legal entity) is not your full property. On the contrary, you should not pay anyone for your complete property.
When I have silver, gold, antiques, Trezor wallet, crypt, coins, cash in my house and I should not account for it, bet it is registered, paying taxes and other fees for it is my complete property.
If I owe someone something for my property, then it is no longer my property. No apartments, houses, cars, or even a crypto on Coinbase can be your complete property.
This is conventionally yours. In fact, all this is easy, with one decree or with a mouse button it is legally rejected from you or is subject to taxes, fees, duties, is registered in state registers. This is not your complete property.
For example, you have a very expensive TV set for 2.5 million rubles. Everyone can know about it, including your neighbors, the bank with whose card you paid for the purchase, but you are not required to register it and pay an annual tax on it. Even if it's very expensive.
But if you have a plot of land and a house of 55 square meters, then it can be yours very conditionally. Because he is on the ground of a partnership that can block your passage to your house for late payment of membership fees. In addition, your house is included in the state register, and you have to pay tax for it every year.And also, if you have pets, such as pigs and goats, then they can be taken away from you or forced to destroy them, because a dangerous virus of pig-goat-chicken-flu can threaten a bald uncle in the village administration.
Your car, conventionally yours. Since you have to register it, pay annual taxes for it, and inspect it, you won't even be able to drive a car that is too dirty, even if you like dirt, because an inspector will stop you and fine you.
{{1 }} All these custodial services, bank accounts, CBDCs, offshore companies, companies, shares on your broker's accounts, cryptocurrencies on the exchange accounts, everything that you enter into your transaction is not yours, it cannot be considered property. {{1 }}
Property is that which cannot be taxed, recorded in registers and inventories, and cannot be blocked with a single click. It's cash, coins, antiques, jewelry, and bitcoin in your personal offline wallet.
These are exciting times, a new normality and inclusive capitalism. Do not pay attention to the terms and their definitions from Wikipedia. This new future is the darkest version of neo-feudalism, which does not include any personal property. Think about what you will have left when the new inquisitors reach you personally.