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RE: New law will require travelers entering the US to reveal digital currency holdings

in #cryptocurrency8 years ago

The Samourai wallet doesn't show up on your smart phone (unless The Man looks in the Play Store history of device... fix that Samourai!) but you get the idea.... governments are going to have to do a top-to-bottom reconceptualization of what 'taxes' are in coming years. Cryptocurrency will make this necessary. I'm hoping that after the crash following the criminal mismanagement--based on the idea that politicians and their toadies are smart enough to command-control interlocking economies--that taxation will become voluntary. That means damn few world destroying offensive weapons, black site torture facilities, govt sponsored drug ops, and never ending 'wars' on other nations, plants, and nouns. That shit requires debt based bullshit money.