In the first place, I just wanna know where did you get the information that there is ongoing taxation happening in the altcoins industry,because so far I never heard to any news update in cryptonews that there is taxation in the altcoins. and moreover, we are decentralized digital currency.
because there's profit involved. wherever there is profit then you're gonna get taxed. it's up to you to declare it just like anything else. buying and selling for profit usually attracts tax.
i really hope some of the people here get their shit together if bitcoin explodes because this is how the world works. the judge who's about to strip you of everything isn't gonna be moved by 'but, it's on the internet so i don't think i should pay any tax.'