Reading about the history of money i am surprised Bitcoin still exists, i mean, how poorly regulated it is.
In the early american colonises for example they eleminated private curency (which was popular) by imposing a 10% tax on them. How hard would it be to impose a tax on Bitcoin?
Another fun fact is that the US dollar was originally based on the Spanish dollar which was also legal tender in USA up until 1857 and its speculated thats why the Dollar sign looks like an S.
Furthermore, El Salvador making Bitcoin legal tender is paving the way for the Spanish to set the monetary standard once again? Time will tell.
How hard would it be to impose a tax on Bitcoin?
I think some countries do have a tax on it but some politicians do realize that a too high tax drives away innovation in this sector into other countries. Keyword: Bitcoin hubs. For example Austin, Texas. That's also where SN comes from.
Also, can't tax what you don't know, for example if I buy my bitcoin P2P.
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