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by zoshi 1894 days ago
Taxation and financial privacy are not mutually exclusive. Taxation and cryptocurrency are not mutually exclusive. Cryptocurrency and banking are not mutually exclusive.
1 comments

At no point did I say any of those things.

I did say that there is a prevailing undercurrent within the crypto space that government and fiat is bad and wrong and taxing people pretty much amounts to theft. And without some visibility into how much money someone has or is making, ensuring that someone fairly pays taxes becomes a lot harder.

As for the banking part - whilst I understand where you're coming from, cryptocurrency is nowhere near as 'safe' as a regular bank for (probably) 99% of the population. My mum can barely use Amazon...