Post
Topic
Board Economics
Re: Bitcoin vs Taxes
by
Chrisjay29
on 16/11/2017, 07:18:17 UTC
I've heared that in some countries people have to pay the income tax after buying fiat for their bitcoins. Anyone faced such problem? If yes then how you deal with it in your country?
At one point of view  bitcoin is an instrument for investment so ppl buy it willing to get income in their currency.
At the other point it is a currency and it might be used with a purpose of saving. In this case the tax would be stupid.

 For me its ok to have a taxes as long its not too big. Country need a taxes so they can buy or build a better country...they cant build a school, hospital without taxes eventhough they got many taxes from other bigtime bussiness..
But they still need taxe even its penny..