@jdkennedy, i think the issue is not an issue at all , its clear as springwater in fact : i always use the same metafor. Unless it's a stablecoin, pegged to a fiat value , you can't tax anyone on the tokens they hold b/c the fiat value can be either 1% or 1000% or more or less within one years difference.
For instance :

• if you trade a cow for a horse, you do not cut 60% of both animals to pay to the state (it would kill farmers in some places lol, not just the animals).
• a south-american silvermine ... does not pay 60% of its ore to the state on a yearly base
• fedex does not pay 60% of its vans to the state yearly (i'm using Belgian rates here)

what they DO pay , is a part of the money they made USING it, and that money, albeit somewhat unstable too (if you check forex markets those charts look like wild mountain goats running around sometimes), that is what's being taxed. It's the global answer to everyone's question and as simple as that. Which leaves honest declaration of income ofcourse, but that already was so before any cryptophile came up with crypto"currency" (just like you could say the internet did not invent pedophiles and al capone or Pablo Escobar did NOT need bitcoin to do the deed, they did it in simple, flat, plain, fiat dollar, but that's another topic)

So that answers that question and i don't see how it could be seen any other way. You can't tax something that is as volatile as a cryp-token compared to its fiat value, you CAN tax the fiat people get from trading it, or doing whatever it is their business does. There's no need for extra layers, but there IS need for transparency. I'd like to see the world's governments and banks keep public ledgers on a public blockchain ( = lmao ) , or megacorp maybe, apple and googles books on a public chain, zero alterations, visible to anyone in the world who cares to look. The expenses of parliament and the senate, the income of the ministers ... the reason why not one gov't in the world has adapted it i assume ... it would be hard to cheat ... the original anonimity myth has (luckily) subsided by now (i mean, anonimity on a public ledger ? = lmao²)

So if you're talking stablecoins that are rigidly pegged, those people have a problem coming :D, if you're talking volatile coins and people who speculate on it ? Well they have 24/7 stress coming because the market is still so small any wall- , not whalestreet whale could probably singlehandedly move the price overnight with the spare change they have in their pockets.

I think my logic's pretty sound, if anyone has contacts in the gov't or IRS, tell them that this is undeniable ... :D

And maybe one more thing, i think the dispersion is a bad thing overall. .. BTC, the "original" is capped at 21 million , as was the original intention of Saint Satoshi there, which in essene meant, if the last satoshi was worth between 2 and 4000 dollar it would surpass the value of all dollar in the world ... ofcourse you get entropy in systems (translated : keys get lost -> unrecoverable so it also stands to reason, speaking from a p.o.v. of theoretical mathematics and statistics that, given enough time, all BTC will dissappear :)
But they invented hardforks ... but its still number one , its attractive BECAUSE it's so expensive, more zeroes attracts big money like flies to a sshh turd, while steem here has the problem of being a hyper-inflated utility token with a market share WAY not big enough to hold out over a period of decades like that, unless they get solid and constant bottom input : the fed prints dollar as it sees fit, but the dollar is a trillions(-dollar) market and they ARE the power anyway heh.
More tokens = more value dispersed = less value for each individual, it will turn out like business always does, just like you get the "big five" in tek, you'll get a few who own about everything. If steemit doesn't grow sharp teeth and claws they won't be one of those, there's no compassion in the marketplace.

I don't know if they wanna, and i'm not the one to make it so, id be happy with steem between $5 and $10, happily bobbin on a proper sinoid :) ... but we seem to have drifted a ways from there (i doubt a hyperinflated token will ever reach BTC prices anyway, $5 to $10 seems like a realistic although difficult to achieve atm option)

gotta mind the RC, sorry ... i'm far from fat fish level ...@jdkennedy @crypto.piotr

so in short there : the more you spread your fiat pool the less each of your assets will be worth in the end, at the end of the day you still buy bread with dollar and euro, not steem ... all those new tokens ?
IF they have a use to it, i might believe in some ... if they don't it's just more dispersion and too many ICO's have made a hit & run to be trustworthy anymore. Steem seems to show dedication with a hard-core of serious followers , i dont like the tribalism. I feel the whole of planet Crypton needs to band together against the old financial world until the storm has passed and they're adopted, and "we" should take care of scambag ICO's ourselves since that is what makes the crowd call for blood and once the government gets involved ...

well then you know which way freedom goes, right ?

a good day to you, sir