Quote from: leonair on November 16, 2016, 04:20:01 AM

Quote from: delliaerd on November 16, 2016, 02:25:45 AM

Quote from: tee-rex on November 15, 2016, 04:51:55 PM

Quote from: shyich03 on November 15, 2016, 04:41:02 PM

I am being imaginative, but can government intervene mining? or even replace tax with mining fees if bitcoin becomes the main stream of economy,m since bitcoin transactions are hard to tax?

Which government do you refer to?

In many countries like the United States or European Union Bitcoin is already regulated to some degree. Regarding Bitcoin becoming mainstream, this is unlikely to happen any time soon because it apparently means displacement of fiat currencies, but no government will ever agree to this. Why would they want to replace the currency which they can fully control with something they can't control?

Yes, I am agree with you friends. That will be bad deal for them. Goverment need the tax to build infrastructure of their country but some of country are take high rate in tax. They will get difficulty to trace bitcoin transaction. Goverment will choose the one that can give them benefit and full of control. The fact is bitcoin give so many advantage to the users but no to goverment.

What if there is an evil geek that will enter the politics and make a law about taxing the cryptocurrency industry, just a wild imagination my friends.

A law like does not seem to be necessary since any income you have is supposed to be declared to the tax office in your country even if you end up paying no tax you must inform of all your income.