I'm just pointing out that if Bitcoin is governed and monitored just like the fiat banking system, then what is its advantage over visa or paypal? The reason its is a valuable asset is because (some people think) it can be used privately - like cash - sometimes for criminal activity some not (privacy isn't a crime) . It can't be used privately though, and when eneough people eventually realism this it will lose its value. I don't promote rich people doing tax evasion, and I actually agree with you - I think Bitcoin is better than fiat for cracking down on it. I think it was invented for that purpose. But that IS NOT what most people (esp libertarians) who own bitcoin thought they were buying it for. And I suspect you already know that, because you'd be a fool to think people got into bitcoin so they can pay their taxes more efficiently.