

Income tax doesn’t do anything to the 1%. You have unrealized gains, and borrow against your assets? You owe zero tax.
A wealth tax, or income tax on yet unrealized gains, would be better. Of course, that comes with its own set of issues. But, I don’t think they are insurmountable.
It depends on whether you’re using apps that require Play Integrity attestation, like some banking apps do.
If that’s the case, consider the humble iPhone!