It certainly makes for juicy reads! 

Though similar scams occur with real money as well, it is now simply harder to hold a real person accountable after the dust settles

Hm, I see how a business would declare its Bitcoin related revenues, especially if there was conversion between local currencies.  Same idea with the exchanges. 

I am more picturing a world where digital currencies become the norm and most transactions done are performed using this manner, i.e. no need to convert anything to a local currency.  How would a tax agency audit these transactions to ensure that the right tax has been declared / paid on it?

For the small fish, which is the vast majority of Bitcoin wallets, I imagine it is currently negligible regarding income.  But I still don't see how it will be controlled when the Bitcoin economy scales upwards.  Forgive the possible ignorance on my part of a crucial piece of the puzzle.

 
How do they track physical cash?  It is very difficult for them, no?  You can get an idea of how much money came and went through bank statements, but these don't really exist in Bitcoin wallets, no?

It is only a matter of time before the tax collectors of the world figure out exactly how much they are not collecting through all the valid economic exchanges performed over the Bitcoin network.  I wonder what will be their tactics to monitor, and eventually try to tax Bitcoin?

Is this in any way possible?

currently mostly educational and academic, what an experiment!

Hey guys,

New to Bitcoin, but beginning to appreciate the real potential of digital currencies. 

So far I've spent a bit of time reading through here as a guest, mostly following
 the epic pirate saga that seems to have plagued the community as of late 

Don't let a couple as$holes discourage the adoption of digital currencies!