Post
Topic
Board Bitcoin Discussion
Re: COINBASE just admitted they are an IRS front - Will Turn over all data to IRS
by
Don Pedro Dinero
on 26/02/2018, 09:18:20 UTC
Slowly all countries will move to legalizing bitcoin, but that means, their citizens will be forced to comply with the KYC requirement and pay taxes on it. That's sad but that's what is imminent.

 Yes, mass adoption will come with regulations and governments collecting taxes, it’s too naive to think otherwise. If you want to escape from taxes, you need to have your private wallets and to buy things directly, although I wouldn’t be surprised if governments come up with some software in the future to track those transactions.