Post
Topic
Board Bitcoin Discussion
Re: Transaction fees are a tax on BTC
by
palle11
on 26/03/2018, 18:04:49 UTC
Taxes, like death, are inevitable.  When they go up, people complain.  Txn fees are a form of tax on BTC that goes to the miners.  No-one wants to pay them but they have to.

I just don't agree that transaction fees are tax on bitcoin. Transaction fee is just what it is which is a charge on the transaction carried out for an investor. For instance, banks do charge for services done for a customer and that is not referred to as tax.

Tax is charged by the government and that excludes the charge for service from a company.