Re: What is the main reason Behind Crypto Ban From Many Countries?
I agree that TAX, anonymity, freedom are the main issues that threaten governments, so they act to stop cryptocurrencies from spreading.
The thing is :
Are you all OK with government taking TAX from you? Why is tax mandatory? I think the vision behind bitcoin/crypto is that We will use bitcoin so that they don't take additional money from us! If we want to contribute, WE DONATE. WE CONTRIBUTE. Why force us to do so?
Imagine an ICO, (no matter how legit or logical it would be) that is MANDATORY for everyone! isn't that stupid? TAX on crypto currencies would be such a thing.
We are already paying tax with fiat. Now the greedy rich want to take it again on crypto.
The thing is :
Are you all OK with government taking TAX from you? Why is tax mandatory? I think the vision behind bitcoin/crypto is that We will use bitcoin so that they don't take additional money from us! If we want to contribute, WE DONATE. WE CONTRIBUTE. Why force us to do so?
Imagine an ICO, (no matter how legit or logical it would be) that is MANDATORY for everyone! isn't that stupid? TAX on crypto currencies would be such a thing.
We are already paying tax with fiat. Now the greedy rich want to take it again on crypto.