Post
Topic
Board Economics
Re: Benefits of Bitcoin (Deregulated economy)
by
miyaka26
on 30/01/2018, 14:41:13 UTC
Hello I would like to know the benefits of bitcoin by being deregulated.
The things that benefit bitcoin from being deregulated is that there will be no tax for every transaction that you will make mostly for cashing out because it is not maintained and subjected to the authority under the laws of the government, most of the things that are being regulated by the government needs to taxed which will be under the jurisdiction of the law, another thing is you are not required to submit your identity in order to use some exchanges or an online wallets, they cannot put any regulation by the coin itself.