According to the latest research report from the Federal Reserve Bank of Minneapolis, assets like Bitcoin will need to be taxed or banned in order for governments to maintain their persistent deficits. The working paper, published on October 17, stated that Bitcoin (BTC) creates problems for the government's budget balance. The researchers stated that Bitcoin is an example of a "private sector security" with a fixed supply and has "no real resource demands". Therefore, they concluded that Bitcoin should be banned or taxed. Share your views in the comments.