John McAfee argues that cryptocurrencies should not be taxed. Let me repeat, I say should not be, but China was trying to, other countries try to tax us or much worse. I am aware of what governments do and what they try to do. In 2017, on my way back to America from Vietnam, I was given a survey or form for U.S. customs. They wanted to know how much money I may have. The form may have suggested or demanded that I including anything that exceeds $10K USD each or in total. I only had about $1K worth of Bitcoin. But even if I had over $10K I wouldn't include them in the form because I believe in the 4th amendment which may have something to do with privacy of persons which may include money, papers, things on computers, private property things, or at least that is how it should be.
Bitcoin is neither here nor there as it is resting in many many servers in many countries equally or potentially equal enough to say that Bitcoin should not taxed as it is a physical thing. And Steem should be the same as Bitcoin. McAfee made great arguments about Bitcoin which I agree with. I believe governments are not allowed to tax us or jail us or punish us for having cryptocurrencies because they are not the same as fiat or the digital forms of fiat currencies. If governments know how much cryptocurrencies we may have, are those governments then not therefore violating our privacy in the same way tech companies like Facebook and Microsoft and Apple and Google / YouTube / Alphabet and Twitter and others do?
RE: Taxes destroy all of us rich or poor