Nevertheless it does send a certain signal to the public. The way things look is important, especially when it comes to completely legal ways to circumvent taxes—where intent plays a role.
The justification of crypto regulation requires background information that outside observers don’t have. Also, it’s impossible to judge from the outside whether or not tax savings was one of the arguments considered in addition to the regulatory situation.
Nevertheless it does send a certain signal to the public. The way things look is important, especially when it comes to completely legal ways to circumvent taxes—where intent plays a role.
The justification of crypto regulation requires background information that outside observers don’t have. Also, it’s impossible to judge from the outside whether or not tax savings was one of the arguments considered in addition to the regulatory situation.