Quote from: joinal on July 16, 2016, 01:56:34 PM

Quote from: ausbit on July 15, 2016, 07:46:43 PM

Quote from: Almagro on July 15, 2016, 01:57:23 PM

Mostly as investment, it is nice to have something not following stock market, and maybe can be hidden from some agency, if you know what I mean ....

I would have to say the same. I use most of my bitcoins as an investment, although I feel a little bad since bitcoin is some sort of a way for me to avoid taxes for now. I use around 20% of my coins as currency though, since I also want to buy stuff with my bitcoins.

maybe you can avoid the tax entirely if you receive a salary from your company with bitcoin, i'm sure the government will not be able to give taxes to something that does not have legality and rules so you are free of it, I also transferred my investments to bitcoin. yeah sure to avoid taxes,,

here where i live your holdings in bitcoin are not considered to be any different compared to your fiat holdings. which means that you can't escape from paying tax.