How specifically the EU & US intend to tax your Bitcoin

by Wendy McElroy

“The bad news: Central bankers want private, centralized blockchains to facilitate all movement of wealth so they can skim the top. Complicit governments intend to regulate competitors, including individual wallet holders, and then collect a ‘fee’ in the form of taxes. The good news: Bitcoin cannot be regulated without disabling the internet or the bitcoin network, which is arguably the largest and most diverse network in the world.” (02/24/17)