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

+meritThis is one of the reasons why some countries are banning cryptos since there are so many tax evaders anywhere in the world. The nation will not improve without any taxes from the people. Taxes are important to augment government infrastructures that could potentially create jobs for the people and funding of health care facilities as well.
There's nothing wrong paying your taxes since crypto nowadays has already been regulated by the government.