Post
Topic
Board Legal
Re: Is it illegal for me to sell my Bitcoins?
by
newbitcoins
on 23/11/2015, 16:42:13 UTC
I believe that governments are afraid of the bitcoin because for one they don't have any control over it, plus the things that you buy with bitcoin, you don't pay taxes over it, thus the governments doesn't make any money of off it.

In my country, when I buy goods with bitcoin, I pay tax (VAT) on the goods with bitcoin.  The retailer will pay fiat to the government instead of bitcoin.