Post
Topic
Board Bitcoin Discussion
Re: Are You in Favor to Register Your BTC Address to Trace Transaction and Tax???
by
bitcoinsocial09
on 22/10/2017, 12:02:10 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
I would be happy if it is only for tracing my transactions, but with taxes? That would be a big hindrance with just little bitcoin earnings, And where would the taxes go? Since other countries did not legalize bitcoin some people who are using it still may get traced to where they are using but i still do not think that is also benefit for it will be a cause for lesser bitcoin oriented population. It will also discourage new participants to commit given that newbies or new participating members have very fair payout, if it gets tax decrease how do you think users will react. They might start wanting to be anonymous and hide their transactions by using other sites for receiving.