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replied 1612d
Wesley snipes got 3 years in prison for not filing tax returns to avoid millions. Max penalty is 5 years and 100,000 fine.You really think the IRS is going to do something for 1000?LOL
Simon Van Gelder
replied 1612d
It wouldn't be for the 1K, it would be for the optics. Squash one bug, and make it very visible, and the others scatter. Fear works, unfortunately.
replied 1612d
You think that works? You think everybody stopped tax evasion because Wesley Snipes went to jail? LOL. And that is large amounts.
Simon Van Gelder
replied 1612d
I think MANY people stopped torrenting because 1-2 people were made an example of. NB - They were targeted for piracy, but people fear Torrents entirely now as a result.
Simon Van Gelder
replied 1612d
If applied to crypto, it would take 1-2 whales ending up in prison for evasion (and all-over the news), and that might be enough to keep people from entering the ecosystem out of fear.
Dos
replied 1612d
And then big banks+central banks can take over it. IMO