prediction:
exchanges like coinbase will become extensions of the IRS to such a degree that the options to autopay tax requirements on bitcoin transactions will appear.
Discussion
Governments and thugs that enforce mafia extortion fees are kinda the same thing.
Yup and with X money, connecting your finances to X will be encouraged, all inclusive app for your daily needs, crazy how millions flock to those type of platforms
"options"
I envision it as more like a “withholding” where you have no choice, the maximum possible taxes will be taken out, then you have to submit documentation to get your own money back.
fortunately there's lots of options for offshore bitcoin<->fiat exchanging. xapo bank is based in gibraltar and they know they'd probably lose most of their customers, and the UK govt would have a hard time trying to force them to become tax collectors for them. but i suppose it may happen at some point. i won't be a customer at that point, if it becomes an EU thing and they kow tow to it.