Ninjastic
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Topic
Board Economics
Re: Government & Bitcoin
by
Dotakels
on 30/07/2015, 14:47:52 UTC
Quote from: wearepoor on July 29, 2015, 11:22:12 PM
Quote from: Dotakels on July 23, 2015, 03:33:39 PM
Quote from: Amph on July 23, 2015, 06:58:50 AM
Quote from: Anirban Sarkar on June 22, 2015, 12:43:15 PM
hmm....in this growing world bitcoin would be uses to pay taxes..Huh?

most likely it will be taxed to death if governments start to accept it(in the sense to regulate it) more like IRS is doing in the USA

we are lucky that there is not one governments only in this world, at elast we are not 100% centralized, so one can go abroad to trade his bitcoin, where there is no restrictions
They have a news that bitcoin is dead, maybe the answer to their question is , if the government put a tax on every single transaction of bitcoin, because more users will be outweigh if one of the government that already accept bitcoin put a tax in bitcoin.

If bitcoin gets legal in country, then government would surely impose a tax on it, as it would be a source of income for them, so if they come in support of bitcoin, then they would definitely collect taxes from the citizens and it would not be a profitable for the users of bitcoins.
yes and the tax is depend on your daily earnings or in monthly earning and many users will affect if they put regulations or tax about bitcoin. Like here in philippines they studying the laws or the regulations that they can put on bitcoin.