I understand the argument that people who hold money in things like Bitcoin and STEEM are nefarious characters.
As one such nefarious character, I am not really sure if I like the idea of tax policies built around government monitoring and scrutinize all of my transactions.
A central assumption of this tax plans is that governments can shut down accounts held in different countries.
It turns out that it is incredibly difficult for the government in country A to shut down the accounts in country B. Things like this require intergovernmental treaties.
Even if country B decides to let country A close crypto-accounts, then the crypto accounts will then just move to country C.
As governments engage in oppressive measures to regulate the crypto accounts, the distributed groups that host the accounts will add layers of code and become increasingly evasive in attempts to protect their assets.
I don't think a tax plan built on governments chasing down every asset owned by taxpayers is desirable even if the people who use things like SteemIt are nefarious in nature.
Yeah