If the government knows about your Bitcoin, don't you think they know how to handle a wrench?
What makes you think the government will stop to ask for their 'rightful' tax, if the $ sign is replaced by another sign?
Discussion
That’s exactly the point, they don’t have to know. Non-KYC self-custody keeps you private and out of their reach. If you’re careful enough, there are ways to escape from the Big Eye.
But anyone holding #Bitcoin on an exchange? They’re still trapped in the system. There’s no escape if you don’t truly own your keys. #SelfCustody is #freedom. This is the way I see it.