I agree with the author that there are two sides of regulation and there will always be those who embrace it and want to run a legal business and pay taxes. I'm more on the purists' side and believe that we don't need it and shouldn't fit BTC into the current system, just like Andreas said. We should leave it as an alternative to those who don't want to be watched and controlled by the big brother.
for anyone who does not want to be taxed and does not want to be supervised by a country, it can be ascertained that the person is in trouble, because if we are recognized in a country and we are taxed then we will feel safe doing all trading activities and we will be categorized as traders legal, different if we avoid supervision and avoid taxes, we are no different from the perpetrators of crime, bitcoin is not a crime then we should not avoid the supervision of the state.
so in short do you wanna get charged by taxes ? bitcoin does not need to be regulated in order for you to do it because you can still pay your taxes if you really like it though .
Re: Cryptocurrency and regulation, do we need it?
cryptocurrency ? yes we do need it because it is verry useful and has improved our life alot . regulation ? no we dont need it anymore because cryptos isnt a kind of usual money . crypto is built purely for online purposes and of course we dont like to get charged by a tax or any other value added charges because right now we are already paying a high fees whenever we use our cryptos . i cant imagine what will be left to our coins if we will get charged by both tx fees and tax .