Quote from: ged00u on March 24, 2018, 08:03:52 PM

Quote from: MrBigHang on January 05, 2018, 04:47:17 PM

I ran across this video a while ago on what can happen to you if you don't pay your taxes. At some point during your Bitcoin career, the cryptocoin will be converted to fiat and that's how they will catch you.

https://www.youtube.com/watch?v=hf2fNEUPjQw

It depends on which resident you live. In many places, it is easier to not pay tax because the government does not have enough power to control citizen. In someplace such as Spain, people are struggling about tax and you can see that many football players have to stand trial because they are found not paying enough tax

Those trials against well known people like soccer players are just a way to try to scare people, what they're trying to do is to try to make it seem as if there is no way to escape from them and the taxes that they want to charge you, your average person see that in thinks well I'm not going to risk it if that person with all those millions and all those lawyers is unable to escape from the tax authority then I don't have a chance.