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Crypto Now Mainstream Among Old-School Tax Evaders, Report Finds

By
Dr Nappo Puppet
,
Chief Editor
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ZURICH — In a development financial analysts are calling “a major step toward democratizing financial misconduct,” the Cryptocurrency Adoption Report 2025 has found that digital currencies have officially gone mainstream among traditional tax evaders and small-time crooks.

Once dominated by techno-libertarians, darknet traders, and individuals who refer to themselves unironically as “sovereign citizens,” the crypto market has reportedly found a new, more mature audience: ordinary tax cheats who still balance checkbooks and wear pleated khakis.

“Crypto has finally crossed the generational divide,” the report states. “For decades, tax evasion has been an elitist pursuit, reserved for multinational corporations, billionaires, and anyone with an offshore account in the Cayman Islands. But now, thanks to digital wallets and YouTube tutorials, your average dentist can hide income in a decentralized manner.”

According to the study, the number of retirees, small business owners, and suburban landlords investing in cryptocurrency “for no specific reason other than to make things complicated for the IRS” has skyrocketed.

“This is great news for the industry,” said Roger Klein, spokesperson for the Global Crypto Alliance. “After the NFT collapse of 2022–2023, we lost the trust of a lot of criminals. But now we’re rebuilding those relationships, especially with the old-school types who used to stash gold in Panama. We’re reconnecting with our roots.”

The report emphasizes that tax evasion is traditionally a complex art form requiring expensive accountants and deep legal knowledge, which has historically created inequality among aspiring evaders. Cryptocurrencies, it argues, are helping level the playing field.

“Not everyone can afford a team of lawyers to set up a Delaware shell company,” the authors wrote. “But now, anyone with a smartphone can evade taxes like a Fortune 500 CEO. It’s truly a win for financial equality.”

The findings also highlight a cultural shift: what was once considered “white-collar crime” is now “digital lifestyle optimization.” According to survey data, 63% of self-employed respondents said they viewed crypto-based tax evasion as “a form of protest against unfair taxation,” while another 28% simply described it as “fun.”

As blockchain technology becomes more accessible, experts predict that tax evasion schemes will soon reach full mainstream adoption.

“Just as social media made everyone a content creator,” said Klein, “crypto is making everyone a financial fugitive. And that’s progress.”

Author Image
Dr Nappo Puppet
Chief Editor
Updated
Oct 14, 2025 12:29 PM
10 min
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