Today I was on a conference in Vilnius and went on a lecture about cryptocurrencies. I would like to share some aspects which I did't see so clear before. As we know, among those states which want to regulate cryptos, there are those which consider them as property and others as means of payment. The first approach is usually seen when there are tax companies around, because money is not taxed, but possession is. So when a state days they consider cryptos as property, it means they are getting taxed, while this is not the case with means of payment.
What do you think of this?
Actually bitcoin could not be a property and will never be, if we dig it personally currency is about money not a property. I believe the very reason why they want bitcoin to be declare as property in order for them to get some tax from it. And I think government is driven by the force of greediness, thinking that if they can manage to get tax from it, this could be their another source of income.