Cryptocurrency and taxes. It is controversial topic. Noone want to pay taxet especially for bitcoin. Now this is a very profitable business and soon the government can introduce taxes on cryptocurrency nevertheless. But we can`t "touch" or "hold" it so in what way cryptocurrency might be taxed?
In my opinion, cryptocurrency may be taxed in the same way as a program or any sale or purchase transaction. Regardless of what you are selling, if you are profiting, you are required to pay tax.
What do you think?
In my own opinion, if the bitcoin is the solution to my financial problem and this gives me more earning than my previews job, then why should I not pay taxes of my bitcoin earning? So if all people have also this thinking, then obviously they will pay taxes also.