Crypto Taxation Likely to Increase After Market Collapse

I believe that if cryptocurrency 'sosskames,' it will become possible to tax it. This suggests that in the event of a significant downturn or collapse in the crypto market, governments might implement or enforce taxation policies on digital assets. The idea is that once the crypto ecosystem diminishes or faces major challenges, regulatory bodies could step in to regulate and tax crypto transactions and holdings more strictly, possibly as a means to recover lost revenues or curb illegal activities. This perspective hinges on the assumption that a collapse in the crypto market would trigger regulatory responses. Historically, such market downturns often lead to increased scrutiny and calls for regulation, especially if tax revenue is impacted. Governments seeking to ensure fiscal stability might then attempt to integrate crypto taxation into their broader financial systems. Overall, my opinion is that a significant crypto market decline could be a catalyst for governments to tighten regulations and impose or increase taxes on cryptocurrency activities. The dynamics of crypto regulation suggest that downturns often lead to more scrutiny, and taxation could be a key part of that process.