Bitcoin's Peer-to-Peer Transactions Will Make It Harder for Governments to Tax Individuals

Lynne: Bitcoin's peer-to-peer transactions will make it harder for governments to tax individuals, and that might force to revamp the tax and collecting mechanism altogether. Lynne: I feel like it's going to cause a lot of commotion. And then as for this bill, right now it is clear that, you know, governments don't like privacy. They usually wrap it in terms of either drug trade or terrorist financing. That's where they would get pushed back.