Government gameplan: First they come for the Alts by declaring them securities, then for Bitcoin for the ‚energy wastage‘.
Discussion
get ready for it
More likely capital gains tax avoidance. Require KYC and all transactions no matter the size to be reported by exchange to tax authority. Heavy enforcement of any breach. Narrative that Bitcoiners are stealing from honest tax payers. (Irony that the government is stealing via inflation to cause capital gain)