But at the same time, they can't let all transactions in something like bitcoin go untaxed,
How do you imagine governments will force taxation on bitcoin? I imagine they might attempt to tax the income of people who earn bitcoin for their labor, as well as forcing retailers to charge sales tax. But it seems like it would be nearly impossible for them to force people into compliance like they do today. Maybe they will just ask nicely?
everythinghasfresnel39 karma
How do you imagine governments will force taxation on bitcoin? I imagine they might attempt to tax the income of people who earn bitcoin for their labor, as well as forcing retailers to charge sales tax. But it seems like it would be nearly impossible for them to force people into compliance like they do today. Maybe they will just ask nicely?
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