Ajeet Khurana, a crypto advisor, former CEO of Zebpay and former head of Blockchain and Crypto Assets Council (BACC), India, says since cryptocurrencies are digital assets, they can’t really be wiped out. “Cryptocurrency is a digital asset. It is not a physical asset such as gold, which could be confiscated by a government. In fact, even digital assets such as a file or a document or an image might be located on the device of the owner. Unlike that, ownership of cryptocurrency is recorded on the blockchain, and has innumerable copies distributed on computers around the world. So it is not merely a matter of copying or deleting a file,” says Khurana.