Quote from: Lyne01 on December 22, 2017, 01:10:53 PM

Quote from: Lancusters on June 17, 2017, 10:44:28 AM

Do you think if we create an initiative group for the legalization of bitcoin. To find uninhabited island, to announce the collection of funds for its acquisition. Everyone who contribute will receive a piece of this island. Based on the state of Bitcoin official currency of this state to make a bitcoin. Do you like this idea?

There's no free island now, even those uninhabited are already owned and controlled by one country. Also, if you live in that uninhabited island, how about the internet? Can you still connect with bitcoin?

Well, with bitcoin, you can cash out from another country and use that fund to build the uninhabited island to become a country of its own. lol. But I wish it was that easy considering international laws and all that. Legalization is something that we cannot run from and that is the only tool the government have to control crypto related activities and possibly implement tax laws on bitcoin.

But legalization has nothing to do with taxation on bitcoins as many countries are preparing to tax bitcoins regardless of unveiling their stand on legality of bitcoins.