[JumpCrisscross]

> underground economies benefit oppressed people when governments turn tyrannical

They also benefit the rich and powerful by enabling tax evasion and graft. Pyongyang, Tehran and Caracas make regular use of illicit trade and money laundering to facilitate upward wealth transfer.

Yours is a legitimate point. It's an argument for curtailing the power of law and government. That's fine. We can debate that. But until America decides it doesn't want to collect taxes anymore, the reporting is sort of required.

[spaginal]

Cash and anonymous digital transactions also benefit the lower end as well.

Many poor families, including immigrants, get through life daily with an underground, cash only, economy.

It's not just a tool of the rich and wealthy.

Taxation on assets and income is THEFT.

[starkd]

A lot of people work in the underground economy. It's useful when excessive government regulations prevent "undesirables" from being hired.

[starkd]

When they cash it in for dollars, they have to report it their gains. That's already built in. This bill pushes further into the crypto space.