I'm in the UK, and our current government is intent on sucking money out of any savings or assets that we own. They are starting to impose Draconian measures to control any financial transactions or holdings. I believe that this could lead to an increase in the use of P2P transactions that are kept away from exchanges and government control. Do you believe that this will lead to an increase in transactions between members of fora such as Bitcoin Talk, or will such transactions be a rich grazing ground for government investigations?
I had a thought on this earlier this morning, when I have come across an imposing tax regime in my country, the government came up with income tax lately and this tax is going to eat up a lot of citizens income which will further affects the country, and then I was thinking of a way out and at that point I realized that alot of us here are going to be optioning and n for P2p and other cryptocurrency payments and yes it will definitely increases the number of daily cryptocurrency transactions.
I am sure we are not the only one caught in this tax regime that is sweeping across the world and global trades and tariffs are becoming increasingly high lately.