Quote from: henmark on June 12, 2018, 05:38:08 AM

Quote from: BitcoinMarketer39 on June 09, 2018, 06:29:13 AM

Quote from: daarul50 on March 30, 2018, 07:58:22 PM

The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?

In my own opinion, taxes are already considered as fees and because of that, there is no need to ask for tax, the only reason why government is asking for tax is that, they want to get more money from people which will directly go to their own pocket.

There are some countries across the world that have been furious about the technologies like Bitcoin and have banned them there. This was a huge downfall to Bitcoin and the demand simply fell to the ground. However there is nothing to be afraid of Bitcoin and the technology should be spread instead. As a result of this act, we might seem some beautiful financial days in future.

They are trying to slow down bitcoin and they are being successful but once adoption begins to grow once again in those countries where bitcoin is banned then what else those governments can do, first world counties understand very clearly that it is impossible to stop bitcoin and that is why they are avoiding banning it and instead they are using regulations because if they banned it and bitcoin kept growing that will show how weak they really are.