> governments monitoring transfers of money. Since there has been tax introduced for crypto, why couldn't the government do it for crypto as well? Most crypto

> governments monitoring transfers of money. Since there has been tax introduced for crypto, why couldn't the government do it for crypto as well? Most crypto I am aware of is as public as can be, if you were forced to verify your identity then they could directly track your transactions as well. And any somewhat anonymous crypto could just be made illegal, you could theoretically still use it, but you'd still have a log that says you got money from nowhere, which I think could warrant an audit if done a lot.