Post
Topic
Board Bitcoin Discussion
Re: SOUTH KOREA NOT BANNING CRYPTO NOW - but want 24.2 percent tax?
by
Schmolke
on 24/01/2018, 11:46:08 UTC
any truth to this?

seems okay or at least better than a ban?

Sounds like good news??

https://cointelegraph.com/news/s-korea-to-tax-crypto-exchanges-242-percent-in-line-with-existing-tax-policy
Bitcoin was designed for trading btc for items, it was designed as an alternative to fiat but now the majority of it's users do not even know how to use crypto currencies. In my opinion every country should take a solid 80% tax. That way all the fiat assholes would drive away from bitcoin, the price would go back to maybe 120$ and it would again become the beloved crypto currency it once was.