Post
Topic
Board Bitcoin Discussion
Re: Tax Time is Here and Lots of Cryptocurrency Holders Don’t Care
by
Dmitry.Vastov
on 21/04/2018, 09:53:17 UTC
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 don’t plan to pay their tax liabilities.


what do you think the crypto coin tax should be required or not Shocked Wink

+merit
According to me, the cryptocurrency taxes are very much required because being a very very successful cryptocurrency, bitcoin possess only single disadvantage and that is it's illegal use because having no authorized governing body over it, BTC is also use in some sort of illegal activities like terrorism and bribe killing, therefore taxation is required over it, so that government could control it and further there will be no such activities.