out in a reply that the event is likely to make regulators frustrated. Being able to spend BTC without going through KYC enables users to dump BTC and avoid taxes, according to Thompson. He predicts that regulators may respond to the event by"creating reporting requirements for Shopify.
"that the government may take steps to address the issue of offloading BTC in major stores without doing KYC. However, he notes that while regulators can try to fight it, they won't be able to really stop it.I'd be absolutely stunned if the US govt. just accepts you walking into any major store and spending
Source: Digital Coin News (digitalcoinnews.net)
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