As governments can't shut down the entire internet forever, they can't shut down all the nodes either. Beside. Just imagen that governments decides to shut down the entire internet. LOL. If there is internet. Then there is somewhere a node runing. Governments should not fight this, they should accept and understand that their role in the society and the power of their citizens are going to change with this technology. I believe that the governments needs a change of mind, not the people. Just think. You work and earn your money. Right? Right. You pay taxes over your income already before you get it . Which is good, because we need good infrastructure, healthcare and help the government to help the people without a job. The government needs to get the money from us. No problems there. :) Then you decide to save some money. Which they will tax to. Then when you go to buy something in the store with your hard earned money, they tax you again. You buy a house, they tax you. From the first moment they start with taxing and they actually never stop taxing you. :) They tax the same money again and again. On the otherhand they give big componies a lot of tax advantages so they base there headquarters there. How is any of this fair??
So if a government decides to tax cryptocoins they should also accept that when people lose value on their crypto that they should be able to deduct it from their taxable income to. I am not aware of any government which is doing this. Are you?
RE: Gov't Regulations vs Crypto Freedom