People will just start to ignore the government entirely. Not registering as a business, not filing for taxes, and ignore any mail from the IRS.

do you think any business will not comply or risk fines for your privacy?

Darthcoin_Cash

They'd have to catch you first. The tax system is already leaky and requiring more and more tax agents. Widespread noncompliance would be untenable to deal with.

bitcoin

Can Bitcoin enslave us all?

They'd have to catch you first. The tax system is already leaky and requiring more and more tax agents. Widespread noncompliance would be untenable to deal with. 