Oh I totally agree with you there--we cannot comply. I just fear that our voices are not significant (and even if they were the government will do what it needs to do to stay in power).
I do not see (at least the US) government allowing BTC to move freely as a currency without taxation...and as I ruminate on this, I don't see a way around it....
Fiat system and Bitcoin are not compatible. We either allow fiat system to win, and bitcoin will just be a part of it, KYC, taxable, controlled. Or we push back for a bitcoin system to come on top over time. Here in my country if you sell your bitcoin in sell than a year time you are taxed 30% o gains. Do you think they can enforce that? Do you think i declare anything? They can't enforce it and they know it. No one cares about that law.
Perhaps...yet think about J6...
Have there been any demonstrations regarding elections since?
Essentially they made an example of the people at J6, and now everyone is afraid to speak up (lest they be labelled 'terrorists' and locked up without trial...forever).
Now the precedent has been set - label someone a 'terrorist'. Once you've done that they're convicted without a trial--all rights are removed.
Most are complacent now--we're comfortable, and happy to give up our privacy for convenience and "safety".
Whether BTC is compatible with Fiat or not, I foresee it being absorbed...it'll be taxed and controlled. Maybe in some places in the world (El Salvador?) it won't be--but how many of us will be prepared to move there (really...) and even then, it's really only one election and one corrupt leader before things could change.
1984? We're already there....
