that is very first principly. reminds me that someone said this is why there shouldn't be capital gains on bitcoin because it's jurisdiction-less. i mean, just because i pay realized gains tax on bitcoin, the state is not going to help me get it back if someone steals it... it makes sense to pay tax for stock market gains as the SEC is doing some "due diligence" and keeping risk down for investors and custodians. but the bitcoin ecosystem is completely game-theoried/self-supporting. so no tax on it seems about right. nations would just fight over the location of individuals who control keys of bitcoin by security/safety/ quality of life.