It’s an interesting thought experiment to imagine if your government gave you 30 days to move your cold storage bitcoin to a regulated custodian or risk penalty, and more importantly, never be able to spend it. For those of us with a significant portion of our net worth in cold storage it would be a hard decision. There is a path where you wait it out and hope the laws become more favorable at some point but I can’t say what I’d do in that situation. I’d obviously hate to do it but I’d hate being a lot poorer too.