Post
Topic
Board Legal
Re: Bitcoin Taxes USA
by
RamesesLabs
on 02/01/2018, 20:36:55 UTC
What is wrong in paying taxes for our earnings? If we all pay taxes for our profits it will benefit our countries. Is not it?

The governments is over bloated and waste a ton of money on wars, bank bailouts, bribes, payoffs, etc. The whole cryptocurrency movement started as a way to eliminate third parties like banks and governments. The federal government went take a delicate approach to this situation, as they know what Bitcoin and cryptocurrency is all about. They have a huge role in ushering in these new form of payments, as it will be the death blow to many financial institutions. They also have pressure from the banks to try to pull the plug on the whole use of cryptocurrencies as well, resulting in zero tax revenue for them. I really don't think enforcement is going to be all that strict in 2017.