Quote from: charlotte04 on March 07, 2018, 01:45:09 PM

Quote from: Paleus on December 06, 2016, 10:18:24 PM

As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default.

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This is the reason that the government will regulate cryptos. So we may not wish to be greedy and still give taxes to our government to insure our economy of our country.

Yes, you can not earn profit without the government. Therefore, pay small tax to help both all have profit, it is wise than against the government and get banned like Chinese traders Grin

. Japan, Korea, U.K, U.S, etc. are the country using this solution to keep the growth of cryptocurrency.