Quote from: BUK2016 on March 07, 2018, 03:31:24 PM

Quote from: omer_parvez on September 30, 2016, 05:11:44 PM

so i wanna know do i realy have to pay taxes on bitcoins and does my gov recognize bitcoins as my property and do i have to care about any legal action by gov on my bitcoin property ?

All depends on the country you live because there are country where bitcoin are not accepted and there are countries where bitcoin and other crypto currency are accepted. So, if you live in a countries where bitcoin and altcoins are accepted you are expected to pay tax from your earning.

If we pay tax on bitcoin it is a really small amount for us, when we cash out our bitcoin and convert to cash we already have a tax payment when we claim at any remittance center at our country. Legalization of bitcoin is upon on which country you are but why you are bothered about bitcoin legalization? Bitcoin is decentralized and as a user, we have our own network and technology that nobody other people involve on this bitcoin to manipulate us.