This is an interesting scenario however it only raises a further reason for governments to attack/control bitcoin for the simple reason if everyone can avoid the local tax laws, who's paying for the shared public services?
I think it's just a matter of time before we see a special bitcoin tax being applied across multiple duristrictions. This feels like a practical solution to the problem but I might be wrong of course.
Bitcoin is a public ledger so would be relatively easy for computers to police.
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Yes but if uk is anything to go by the onus will be placed on the individual to know and comply with the law. That way fear of non compliance is much greater.
True
