China banned it for urgent energy reasons. Taxing it is easy, tax the transaction which is public on the blockchain. Institute KYC rules and enforce them, pun

China banned it for urgent energy reasons. Taxing it is easy, tax the transaction which is public on the blockchain. Institute KYC rules and enforce them, punishing anyone who holds an anonymous wallet. Bitcoin isn’t some magical thing; the old crowbars reverse engineering works even better on it since all transactions are public on the blockchain forever.