Quote from: Trilogy-AI on March 05, 2018, 02:28:25 AM

Quote from: galaxing on March 05, 2018, 02:21:17 AM

I would be willing to pay a bitcoin tax, rather than bitcoin would be in danger in my country.
yes, I sincerely pay taxes, as long as my country's government will legalize the existence of bitcolin, and support it.

Exactly. Taxation is a form of implicit legitimization. So you want your country to tax and regulate it. That's what the South Koreans did. It's good for Bitcoin and crypto in general.

The government will only impose tax on products/services that they can regulate and monitor. As for cryptocurrencies, tax imposition would differ from country-to-country as each has their laws with regards with it. As far as I know, countries like China, South Korea and Indonesia have imposed laws with regards with its regulation and control in the economy.
As a law abiding citizen, we are mandated to follow the law and its implications. If a law was created focusing on the tax aspect on bitcoin, then expect its prices to be controlled and regulated at some point.