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RE: Congress bill requires registration of Bitcoin, Cash, and other assets outside banking system
counterfeiting money is illegal. printing/trading your own private money is not. I'll bet if the government goes after it hard they will claim that with bitcoin, people are "bartering" which is something that can be taxed. perhaps we need to really get some lobbyist and reps for crypto in D.C.
Sadly, probably true. They will certainly want us to pay taxes on gains in its value. We might have a couple of good reps but its not enough. Best bet is to grow faster than regulations can keep up. Thanks for the comment!