Quote from: Kronos21 on June 23, 2018, 05:20:52 PM

Quote from: sheenshane on June 23, 2018, 04:59:20 PM

Quote from: Coffee135 on June 23, 2018, 04:32:59 PM

Do you see government support for all participants in the cryptocurrency market? What to pay tax for?

Precisely, what to pay tax for even government did support bitcoin as a currency to use. Some reason why some countries are quite on cryptocurrency because they know that this is not controllable with someone else and having a forcing to tax those who have earned in bitcoin. Well, to make this long story short luckily in my country did not implement a tax on crypto we pay tax when we buy goods using our money from bitcoin.

I think you're mistaken. The fact that you pay taxes when you purchase goods, the government is not enough. They want to take away part of the income from people at any stage of Fiat turnover. Once you change your bitcoin to Fiat most governments will consider this your income and require payment of income tax. This requirement is postponed to the beginning of next year. You may still have a nasty conversation with the tax authorities of your country.

I agree, ofcourse the government finds a way to have some of that money that others worked for. That's why we have different kinds of taxes.