Your point about taxation is really interesting. I wonder if governments will eventually try to regulate BTC more heavily to prevent people from avoiding taxes. It's definitely something to keep an eye on. But for now, I'm excited to see where BTC goes and how it evolves as a store of value
Different government has different style of putting tax on assets. From where I am for gold we have to pay taxes to the government if we want to trade the gold legally. There are other ways to avoid tax, we can prevent tax by trading p2p but this not the right way but also it is not restricted.
With bitcoin we don't have to pay tax for that because bitcoin possession is already banned in my country, which made every transaction of bitcoin and cryptocurrency is illegal for us.