Post
Topic
Board Economics
Re: Bitcoin to be Taxed......
by
mharz
on 24/10/2017, 02:49:00 UTC
Hopefully this info is completely valid and signifies that crypto is recognized there. the future of another country will follow in his footsteps
Taxes can also help the state treasury,

The application of taxes to bitcoin can monitor the circulation of coins and avoid abuse so organized

Before implementation of taxes, there should be law that guides all involves with bitcoin.
Also, to protect our account from being hacked.

Interesting but I imagine how they are going to ensure that taxes are effected? Is it going to be on our wallets or only when we partake in a transaction? We live to see .
It is impossible to happen because many users will be affected on that situation, moreover bitcoin or crypto currency was decentralized together with the funds so it won't happen. If we visualize that bitcoin is taxable only government are earn benefits on that, because instead of income of poor people they were need to pay taxes due to policy of the government.