You are viewing a single comment's thread from:
RE: Malaysia is not planning on ban against crypto!!! What does this means for Malaysia Steemians
A slight correction there, our wallet are "scrutinizable" by the government, not "accessible". Sure they can see how much steem, Sbd and steem power is tied to my account. But once I transfered it to the exchanges, all trace can be gone.
IMO the best bet for the government will be to only tax us of we go through any crypto-fiat exchanges. And they should make it as easy as possible for entrepreneurs to allow that service. I'm all in for a one-click transfer of steem to myr if the tax is acceptable and it's easy to be done.
It's in the government's best interest for a thriving cryptoeconomy. Which will be good for both the people and the economy (which will also mean good for the government).
Very excited to see how 2018 will unfold.