Yes bitcoin is taxable. Not by means of the government is taxing but I guess that the miners were the one who are asking for taxes. The confirmation is dependable on how much btc you spend. If you will spend the high amount in sending then the confirmation of your transaction will be fast.
Very well said. People usually misunderstand the context of TAX. Most people think tax as the part of an amount of a good/service taken by the government for the improvement of government projects. When these people ask: IS
BTC TAXABLE, I think what they mean is:
IS GOVERNMENT GETTING A PART OF BITCOIN BEING USED BY PEOPLE?.
At some point, bitcoin is taxable in the sense that miners are being paid in processing the transactions done by people who use bitcoin.
And the reason why some countries/governments do not yet fully legalized bitcoin is that bitcoin is not taxable by them. Some banks have bad feelings about bitcoin because they are losing a lot of income. Most people prefer to use BTC than banking nowadays.