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 opinion every country have lots of users of the bitcoin and I am sure that every country government have made indirectly rules of the tax system ( by taking consideration of the bitcoin like Cryptocurrency assets in the other tax category ) .
And here I can say that the world of the cryptocurrency market is giving big contribution to the country economy to make it better because here the simple example of mine country is that they are not going to legalise but they are collecting tax from the users , that is a simple Indication that they will allow bitcoin to use with overall profit of tax system .
And I think this type of the transaction and revolution of the new new coins will continuously go one in the future because the problem of unemployment is solved by the bitcoin taking place and also people are getting in this field directly without seeing in another category to work .
Governments who recognized the Bitcoin are now better positions and many other countries are working on it to adopt it or not and studying its effects and benefits.
Recently Germany has recognized the Bitcoin and this indicates that the Bitcoin has recognized and passed correctly from a developed country which is encouraging other countries as well. However some central banks are against but they will soon realize its need in country.