Bitcoin represents a form of gold which has transcended physicality.
How can the state levy taxation on that which they do not issue and cannot control?
One must wonder why Ethereum Classic is being viewed as a new sort of cryptocurrency, when in truth it is the very technology that held a market capitalization just shy of $1 billion mere weeks ago.
The blueprints for scaling the bitcoin are beginning to emerge and the Lightning Network may prove to be the answer.
When scaling solutions are implemented which allow billions of transactions to be made per second we will see an economic engine capable of facilitating business at the speed of thought.
Brace yourselves. Surveillance is coming.