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Imagine they made an announcement that one person can only 50gms or 100 gm of gold and anything over should be sold to the government at a fixed price because it happened in US right?
I think you are talking about a period during the great depression in the US back in 1933, you do not need to go abroad, here is our Indian history for those who are not aware, during the India China war in 1962 the government raided majority of the wealthy people and was mandatory to declare how much gold you were holding.
They took gold from my family and it was a time when people bury their gold to avoid these raids during that period and decades later my family got a few gold coins as a token of appreciation from the government.
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I very common example would be about my mother. She never has an idea about what bitcoins or cryptos are but she knew I am quite active lately so she decided to give it a try and now she has an amazing portfolio beating mine.
This makes it clear to me that people are ready to learn and adapt cryptos here in India.
I believe your mother used to invest in stocks and bonds and hence ventured into the cryptocurrency market, if not usually you do not see people who are not into these investment ventures to suddenly start investing in crypto.
