Post
Topic
Board Bitcoin Discussion
Re: Will you be happy if Bitcoin remained as it is now?
by
Raimonn
on 18/01/2016, 20:26:34 UTC
I like it like it is right now. If it is accepted as a currency then maybe taxes will be imposed on it and you need to declare all profits to the revenue agencies. Now it's a little bit like the Wild West but it's has its advantages.

Why do you think that governs will tax bitcoin? If its accepted as a currency for governments they couldn't tax it. Dollars, and other currencies aren't taxed. In some countries gold coins (inversion gold 0.999)  aren't taxed. I don't see why governments would tax it.