IRS only has jurisdiction in the US bitcoin is global
Discussion
the point is that kinetic violence is a real disincentive and an actual threat.
yeah geographic arbitrage helps
but I doubt its as effective as you think, given the strength of the dollar hegemony.
and i really really think that Bitcoiners should not be casually dismissing this threat
I acknowledge the threat but the likelihood of it happening where I live seems slim. My point is individual bitcoiners may be affected by this but the overall network will grow in spite of these actions.
Tell that to Roger Ver.
Have you ever tried to open a bank account in a foreign country as an American?
They mostly refuse to do business with Americans due to the onerous reporting requirements handed down by the IRS and US Gov, which has global reach.