Quote from: Vatimins on October 28, 2017, 07:21:06 PM

Quote from: digitx on October 28, 2017, 06:19:17 PM

Just happened across this one: https://motherboard.vice.com/en_us/article/7x4vad/putin-cryptocurrency-russia-mining-regulations-ico-bitcoin-ethereum?utm_source=mbfb

It sounds like a good idea from a government's perspective but wouldn't miners just move to locations where they don't have to register?

This right here is mostly an attemp of the governments to adapt with the increasing and unstoppable demand for bitcoins. Thinking it wouldn't be easy to stop bitcoins, they resulted into using this demand for bitcoins to their advantage. Hence, they tax peope for mining bitcoins. Although i don't see anything bad yet, i think this is the first step of the government to take advantage of the people and tax the hell out of us. So having said that, i would probably not reveal myself being a bitcoin user. Damn taxes makes me feel chanied in the outdated system of this world

Definitely right. Anyway, it will always be our choice not to revail ourselves of being a bitcoiners so that the government cannot collect taxes from us. But sad to say that when we converted our bitcouns into fiat then that will be the time that we oblidge to pay taxes. Hopefully there will come a time when there are lots of options to use bitcoins as a payment.