Post
Topic
Board Altcoin Discussion
Re: Central Bank Japan Believes Blockchain ethereum Could Create Tax Issues
by
Azael
on 21/11/2016, 07:52:15 UTC
A good way to combat this would be to implement protocol taxes like mining taxes. I believe the case of double taxation might lead to favourable outcomes for cryptocurrency in other ways government lift or ease the taxation of gains derived from crypto to allow innovation.


Right now the tax situation is ridiculous and complex. I don't see how ordinary people will bother with an accountant which is bad since one of Bitcoins goal was micropayments