Post
Topic
Board Bitcoin Discussion
Re: Are You in Favor to Register Your BTC Address to Trace Transaction and Tax???
by
jc89
on 20/10/2017, 04:53:09 UTC
Are you in favor to register your BTC Wallet address to trace transactions and impose taxed it?  It is a big subject now amongst lawmakers to trace down income and transaction about bitcoins.   This has become the talk of the people involved in digital currency lately.  So, What do you think?Huh

My opinion doesn't matter whether I am in favor to register my wallet address or not for taxation purposes. That is because it won't happen and lawmakers will always have hard time to trace the address owners. And one thing, how can a local government trace the owner if the address is from different country like the US? I reside here in PH so I'm not sure if the government here will take time to trace every address to trace all Filipinos who have btc wallet. And remember that we can always make multiple wallets and change addresses. And the uses of mixers will always be handy. But IF they succeed to put tax in it it's fine with me as long as it will be fair and reasonable and with utmost consideration.