Post
Topic
Board Bitcoin Discussion
Re: Should governments allow people to pay their taxes in Bitcoin BTC?
by
ilovefeetsmell
on 02/03/2017, 00:58:33 UTC
If it was an option in your country, would you pay your taxes with Bitcoin?

Or would that not make any sense to you at all, especially if you hold BTC as an asset whose value you hope to see increasing over time...?

I personally pay my taxes with EUR and will probably continue to do so even if I can pay with BTC


NO, I shouldn't. Bitcoin is decentralized and you earned bitcoin without paying any taxes. The benefits from using bitcoin include fast and efficient payment worldwide, low fees for transactions, and low risks of fraud.There is some risks operation using our bitcoin. Firstly, due to the new economy and essence of bitcoin, the price of bitcoins unpredictably fluctuates. Bitcoin is no exception, but it will just make things more complicated. Possibly Government will get interested in you and they will ask you for additional taxes for your bitcoin that you use or that you earned.