sa tingin ko malabong magkaroon ng tax ang cryptocurrencies since worldwide yan madaming wallet ang ginagamit ng iba. may international wallet for transaction at dahil dun malabong mahabol nila yung tax sa bawat transaction. And also maybe yung transaction fee ay yung tax since yung binabayad natin every transaction is for blockchain para mapabilis yung pagpapadala satin or sa iba.
Transaction fees are fees being paid to the miners and tax is contribution to state revenue.
You are right, the government can only impose tax on businesses that are registered to them like our local exchanges which is coins.ph.
They are earning millions of pesos from fees, and the exchange rates which is mababa talaga sa kanila if you are selling, so that will contribute as part of their income, they are paying taxes but we aren't, and until there is no proper guidelines it will be hard for the government to collect taxes from us.