It's kinda too much of a headache. I'd definitely not do it this way. Instead what I'd prefer is spending the degraded shit money as usual and buy Sats and hold them forever.

I'm in India and upto now I've never given a single penny to the government. I also believe, I can forever evade taxes, if I can only hold Bitcoin for years. I'm eying that at one point, I might have to fight the system if they catch me. But, I'm sure, they won't catch me, until I deliberately confess my holdings.