Re: Tax Time is Here and Lots of Cryptocurrency Holders Don’t Care
In the U.S. tax season has arrived and many American cryptocurrency proponents are squirming because they have to pay for some of the gains they made last year. However, there are a lot of digital currency holders who could care less about taxes and they strongly believe that taxation is antithetical to cryptocurrencies. While there is a good portion of digital currency holders planning to file their gains and losses, many crypto-advocates dont plan to pay their tax liabilities.
what do you think the crypto coin tax should be required or not 
Well tax is not a bad thing for bitcoin but we cannot blame people for not paying bitcoin taxes since they have experienced possibly a loss in profit when bitcoins value crashed from 20k$ to 6700$. This is really a pain in the heart but maybe they are waiting for bitcoin to rise again before they will pay their taxes. But hope it will get well soon.