Post
Topic
Board Bitcoin Discussion
Re: Bitcoin being taxed?
by
piter66
on 11/01/2018, 02:46:25 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'm really against taxing bitcoins because it defeats the main feature of bitcoins which is its decentralization. If it gets taxed, the goverment takes over bitcoins one by one. Imagine that you have to pay a percentage of the bitcoins for transaction fees and then pay for tax. That's too much if you ask me.
Not really though the point of bitcoin wasn’t being able to evade taxes or anything, the point was not being tracked on EVERY single thing we do so it’s pretty alright