...
anyways,
fiat(money) is not fungible
getting fiat from a relative on random occasion in small amount= gift= no tax
getting fiat from a relative after death in large amount= inheritance= inheritance tax
getting fiat from a employer = income tax
getting fiat from customer for a product = sales tax
getting fiat from an investment = capital gains tax
keeping alot of fiat after bills = wealth tax
keeping fiat in a family/corporate trust = capital gains tax
use fiat to buy property/shares = stamp duty
businesses that keep fiat after costs = corporation tax
have a low income or a basic personal account = low ATM withdrawal amount
have a high income or a business account = service charges and subscription fees
using debit/credit card fiat = 'service charges' (sometimes customer pays sometimes merchant pays)
(the list goes on)
...
https://money.cnn.com/2013/02/28/news/economy/illegal-income-tax/index.htmlOld but still relevant to this.
Makes you wonder how much work by the government is really going into tracing crypo for 'getting criminals' vs 'getting out (tax) cut from transactions'
Sales tax, income tax, and so on. Yes, not paying taxes is a crime, but that's not the point I'm making here.
As for this Wasabi mess. Like many other things, some people will still use them because they don't care. And if that works for them fine.
Some people will stop using them. And that's fine. Others never knew wasabi existed and will continue no to know that it exists. And that's fine too.
There have been and still are ways to bury / mix coins depending on what services are available where you are depending on the amounts and time you want to put into it.
Also, there are different things different people want to do with coins, and you know what that's fine too.
Wasabi made, in what a lot of think is a crap decision, and are now using crap reasons to justify it.
Time will tell if it works for them or not.
Going back to what I said when n0nce posted the 24 questions thread:
Is anyone really surprised at the answers? They did what they did and now are forced to defend their actions.
We can spend hours picking apart what was said but in my view it comes down to "This is what we are doing, if you don't like it let me show you the door [points] there is the door"
If you really want the coordinator code is out there and open source. Set one up and put your money where your mouth is as start running a better funded one.
If not, lets discuss other ways of doing this and stop complaining about one that for whatever reason does not want to anymore.
Sorry if this comes off a bit testy.
-Dave