Post
Topic
Board Bitcoin Discussion
Re: Tax Time is Here and Lots of Cryptocurrency Holders Don’t Care
by
1020kingz
on 31/05/2018, 15:28:40 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
In my point of view taxation in crypto is a good thing for crypto users because it means that crypto is highly accepted by the government and being legalized. But there is one factor that i am concern of, i think taxation is depending on the gains you earn right? I think the users who loss in crypto  maybe will be exempted of this tax because how can they pay the tax that they loss? That is my own opinion though.