But it is not a mutually exclusive dichotomy of either legitimate or subversive. It can be (and already is) both. Some users, especially legitimate merchants, w

But it is not a mutually exclusive dichotomy of either legitimate or subversive. It can be (and already is) both. Some users, especially legitimate merchants, will have to follow the letter of the law. Other users, however, who are willing to break the tax law, can and will - just as people break those laws with cash transactions. I can pay someone in bitcoin for work or services, not report it, and it is just as under-the-table as paying in cash.