I just see it as a way to resell Chinese electricity. Digital currencies do challenge state-backed currencies. They'll never fully take over until taxes are acc

I just see it as a way to resell Chinese electricity. Digital currencies do challenge state-backed currencies. They'll never fully take over until taxes are accepted in a digital currency. As a tool for circumventing taxes though, countries do view that as a threat and will clamp down hard on it. If you want to treat it as a digital collectible and pay taxes when you sell some for a profit, great. If you want to treat it as a currency and not pay taxes, good luck.