Quote from: makolz26 on January 18, 2018, 11:40:41 AM

Quote from: redhondaxrm125 on January 17, 2018, 07:17:36 PM

Quote from: Dapper on January 16, 2018, 09:47:18 AM

Singapore. As an added bonus, no capital gains tax, no inheritance tax, and no income tax on interest income. So your crypto profits that are converted to fiat and put into fixed deposit accounts (or whatever you like), all of the interest income is tax free. Kind of a boring place to live though, but the perfect place to use as a piggy bank.

Oh my lord.. is this for real? If this truly is legitimate, Singaporeans really are very lucky! Imagine no tax for all these things! Whereas here in my country, tax is killing us! Bloodyhell. I wish i was a Singaporean.

Why do you think it is a boring place to live? From all the pictures amd videos i see, i think singapore is a beautiful place. And very entertaining place to live in.

Well, a lot of countries were just relying on tax, but the worst thing is that they are putting the burden even to the poor people, but we are all glad now we do have a tax reform incurred in our country, as a matter of fact a lot of ordinary people were now tax exempt and can enjoy their salary as a whole.

Fair enough not al people are able to pay the tax it is source of increasing income and money so if people of a country will use bitcoin then they will be able to pay all tax on time and I think government should allow people to use bitcoin legally. Paying of tax with bitcoin is also possible if bitcoin will become legal. China and south Korea is bitcoin haters and they have ban bitcoin but it will not affect price of bitcoin at all even now it will be more famous in other countries like America Japan and India bitcoin has very high demand.