Quote from: BTCevo on October 29, 2017, 02:53:16 PM

Quote from: deejhay on October 27, 2017, 06:32:35 PM

if government is to accept bitcoin as currency, then surely they would issue tax since some of the government funds comes from currency then people have and if people will change their currency to bitcoin, then bitcoin would be taxed.

Nope, there is no way bitcoin are going to be taxed because there is a limit with the coin. Compare to the fiat, they can keep making it which is if there is more fiat then you will lose your money value and that will make your country economy clash mean while bitcoin, government can't produce it and everyone is holding their own coin so how can they control and making taxed with it? It does not really added up

Not only that which come to think off that bitcoin is a decentralized stuff and they cant directly impose taxes on it which means they would rather choose up or redirect on the services being used by bitcoin.This is why most government doesnt really like bitcoin overall not only on the thing that they cant tax but also they are seeing on the potential criminality increase because of its anonymity.