Post
Topic
Board Project Development
Re: BitcoinFastTax.com - Fast, Easy, Free Tax Calculator for bitcoin transactions
by
countryfree
on 16/10/2015, 22:59:05 UTC
Taxation on bitcoins is an unavoidable reality.

It is, but you need to have some imagination. I know I'll never pay any tax on my BTC activities, but then the last time I've paid income tax was in 1997, and BTC certainly won't change that. Note that I'm not American, and that I don't live on American soil, though.

One more important aspect to consider, the biggest obstacle to global bitcoin adoption is the hesitation of American companies to fully support bitcoins.

No. I used to work for an American company, and I asked them to pay me with BTC. They replied they couldn't do that so I stopped working for American companies and that was it. There's a whole world outside the US!