Quote from: BitcoinTurk on June 24, 2018, 09:58:28 AM

Quote from: kenlyresuello08 on June 22, 2018, 05:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

I think it would be correct to answer this question by thinking about two different situations. In the first case we will examine anonymous wallet owners. How will they tax an unshared purse on the Internet or any stock exchange? This wallet will not be taxed unless it is really an idea of the owner of that wallet. But if you look at the second case, yes, taxation will be possible because the wallet account in this case will be shared by the owner on the internet or this information will be exported to some stock exchange sites. In this way the state will be able to acquire the wallet and tax on these gains.

there is another problem for the government. They can't force me to exchange bitcoins to pay taxes. This means that they will have to recognize bitcoin as a currency and take taxes in bitcoins. I'm sure they'll never go for it. The government will lose more from the fact that it recognizes bitcoin than it will earn on taxes from it. I'm not talking about the fact that the purses can be beyond the jurisdiction of the government.