in your country income from bitcoin taxed? state the country
In our country taxes of bitcoin is not implemented because government is not accept cryptocurrency . They keep reminding those people who are using this kind of transaction that its definitely a scam . But if government wanted to accept for this kind of cryptocurrency in a community was usually amaze people in how it works . Taxes of bitcoin has a great help To improve our economy grow and prepare for crisis and also its for people sake such as roads reworking, infrastructure, schools and commodities of people who are less fortunate.
I think that your country needs to do a lot of research first and also be careful in telling that the cryptocurrencies are scam because cryptocurrencies are not scam because they are for real and they are here to help us in finding opportunity and also to give solutions to the current problems from minor to major problems that can be solved by the cryptocurrencies.
Most of them in governance are really not that knowledgeable to know the truth anyway and they only say whatever comes to their mind so I am not surprised. If any government is calling cryptocurrency a scam as at now, then they really need a lot of schooling before they get left behind in the future. For my country, there is no law imposing tax on bitcoin yet, so I guess I just have to keep living and enjoying the moment until that happens.