Post
Topic
Board Bitcoin Discussion
Re: Government put on tax on bitcoin
by
layoutph
on 03/05/2018, 13:30:13 UTC
Government can put tax on Bitcoin withdrawals to fiat, but not on every trade between Bitcoin to alts. Crypto is so volatile. We cannot tell if the investment we are investing will come back with a profit or become loss from the trade. Instead of eyeing on crypto currency the government can put a higher tax on vices like cigarettes, beers, prostitution bars, gay bars.

If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours