Quote from: Jonsnowstark on May 10, 2018, 05:46:10 PM

Well this article is not much of a help to defend yourself. All you need to do is declare your income or profits from cryptocurrency and then pay the tax. That basically is the easiest way around it. I think it is better to declare income to the government as a away to control illegal activities such as drug cartels and money laundering acts.

Thats the main purpose of regulating the cryptocurrency and putting a tax onto it, to protect us and the future investors from these kinds of harm. It just seems like the other people have a misunderstanding towards this idea. Well, basically we cant blame them, for Bitcoin was designed to be decentralized, but everything may change due to disadvantages that was recently discovered and yet to be discovered. Changes are always constant, most importantly, we change not for the worst but for the better.