I would have no problem with paying taxes on my crypto assets only if it means paying in crypto, because it would add transparency and therefore reduce the incetives to cheat with public money.

Hi everybody

I wanted to discuss with the crypto community about taxes.
My take on the subject being that I would prefer paying my taxes in to crypto (except monero or privacy oriented coins) because I feel that the tracability would reduce the possibility of fraud, on account of having a public ledger à la Bitcoin.

My reasoning is that for once in a lifetime, the gouvernments and other elected robber barons wouldn't be able to play that easily with public funds and maybe it would reinstill faith in taxation.

I don't like taxes, but I am glad that in exchange for a part of my earnings earnings every months I can rely on my health or my wife's health being taken care of whenever we need even if I lose my job. What I don't like about taxes is the layer of burocracy between the tax and the investment of said taxes, that is hiding the corruption happening and give politicians this feeling of immunity they have because the "common peasant" don't understand the system.

Anyways, what is your take on that subject?