Re: 🤔 South Korea introduces new tax on cryptocurrency exchanges
You guys still don't GET IT. They can't tax cryptocurrencies because it is legally NOT a currency. It is a commodity.
Until they all actually aknowledge and make it an adopted currency they can't tax any of it UNLESS you change it back into Fiat currency or (money that the known world knows).
The day that crypos are accepted as REAL CURRENCY is the day it will never die.
Until they all actually aknowledge and make it an adopted currency they can't tax any of it UNLESS you change it back into Fiat currency or (money that the known world knows).
The day that crypos are accepted as REAL CURRENCY is the day it will never die.
they can legalise cryptocurrencies actually.... they can develop new taxation models
the question is how the population that provides goods and services for those cryptocurrencies will think.
and weather they will be willing to defend themselves. or otherwise cryptocapitalists might become a huge burden on the economy, if they only drain the economy and dont develop and upkeep value sources.
regards