Post
Topic
Board Bitcoin Discussion
Re: Bitcoin being taxed?
by
supine
on 30/10/2017, 09:57:28 UTC
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?

I don't think this is such a good idea. Yes, when bitcoin is being taxed, it means the government is now acknowledging it as a legal currency. However, bitcoin's value is big, which means the tax will also be big and many bitcoin users will suffer.