When Bitcoin will be universally accepted accepted by Government, of course it will be taxed accordingly. Do you think it will still be as in demand as it is right now, that makes its price higher and higher everyday.
Does the bitcoin community is ready for this?
yes i think bitcoin will become more stable as it is now controlled by a government and banks therfor the volatility of bitcoin will be declined or decrease then it could lead to a lesser demand because investors and traders could not make a descent income anymore. bitcoin will be then used as a secondary payment option and will be mainly used for buying offline and online instead of using it as a source of income or job (e.g trading , investing , mining )