I keep asking myself, what good is a crypto currenciy, most businesses do not accept payments in this type of currencies.
There are 297 crypto currencies listed on Coinbase, They allow me or many people to link our bank account to their system, allowing the uploading money into your account at their exchange, like any other financial institution, it costs to deposit this mney, and it also cost to transfer it back to your bank. It costs to purchase a crypto asset and it costs to move it into a cold wallet, it costs to take it back to coinbase, or to send it to a persosn crypto address. Now just suppose that your government thinks that you are not supporting their agenda and close or lock your bank account, no matter how much Crypto you have you are out in the cold, with no way to pay your daily or monthly commitments.
Without a bank account, it is all totally useless. The other concern to me is that the instability of these assets is a real issue, so even if you could purchase directly they manipulate the prices and your reserves could crash by as much as 1-15% in any given month.
What people thought was a hidden transaction, is actually stored on a public ledger, so those individuals that use it to launder money or do criminal activities with it have no privacy and the asset can be reclaimed with relative ease.
Either way, you are pooped, best not to try any criminal activities,