Post
Topic
Board Economics
Re: Cryptocurrency
by
BitCryptex
on 22/03/2018, 10:03:56 UTC
Why would we need regulation ?

I guess that the vast majority of the Bitcoin community don't want regulation, but think about it for a moment. People don't know how to pay taxes for Bitcoin payments because their country's law doesn't specify what is a "digital currency" and in what you should pay tax (either the same cryptocurrency or fiat). Serious investors also don't know whether or not the country they live in will ban Bitcoin. Tax thresholds are also very important here. Keep in mind that governments won't be able identify who's using a specific address as long as you don't link your identity with it. They can't disable access for their citizens to Bitcoin nodes because the whole network is decentralized. I personally think that there is nothing to worry about.