Yeah I’ve seen the Aussie proposal, it’s the beginnings of stricter capital controls on the tax base and we will see it throughout the West. Govs can’t afford to have 5% of the population say “fuck this” and just leave when things get bad, they will solidify this stuff before things get really bad and the flood begins.

It’s much more difficult for Government to keep business entities onshore, legal fiction and financial loopholes with the resources to undertake this work makes it fairly easy to relocate.

The superiority of Bitcoin’s portability hasn’t been tested even 1% yet, people will work it out when things get bad and everyone will want to leverage it to get out of dodge.