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by toyg 4203 days ago
I'm a State actor. I can hire detectives that will go through the blockchain and monitor your traffic, and I'll likely get a fair approximation of how many bitcoins you have. Or you can just tell me when asked, as a good law-obeying citizen should do.

This is how all tax works, btw. Income tax is nothing but a wealth tax limited to wealth accumulated over a certain period. There is nothing impossible about it.

1 comments

What traffic? They're stored on my hard drive. I don't fire up the client. I don't buy things with them. I just sit on them.
Ok, I'll make it easy then and just sequester your hard drive. Oh, it's encrypted and you won't give me the key? I'll throw you in jail.
How do you know to target me?
Yeah man, ninjas don't pay taxes, sure. Have fun.
No, rich people won't pay this tax. Because they have that much to lose.