People will just stop investing. Then where will there economy work. No new money for business to grow. No money to be borrowed for innovative new technologies. Just a total stall of everything.

I am doing the lawful thing now regarding Bitcoin. If I turn it into dollars, or exchange it in any other way, I will pay the Capital Gains taxes as it has been lawfully ordained. I didn’t vote for that, but obviously somebody did. I don’t like it, and I don’t know how anybody could like having the government swipe any of your hard earned fortune without any risk on their part at all. I will say this however. If my government attempts to confiscate my wealth, or they inflate their own system to a point that I cannot put food on my table, I will denounce my citizenship. I will move to a more favorable jurisdiction, and I will refuse to pay my capital gains to a country I know longer belong to. I paid for the Bitcoin with their dollars, but I had already paid their taxes on those dollars used. They can chase me to the ends of the earth to get more if they want to. Good luck with that. This is the promise of Bitcoin. I can take it with me anywhere, and spend it anytime I want without their permission. It’s not theirs to permit.