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.
no need to worry about it. Because the government does not know exactly who owns the bitcoin and how much they own. Bitcoin is completely transparent with the transaction, but it is also completely anonymous on the owner. It's like a double-edged sword.
That's right no need to worry, nothing to worry because government connot trace our transaction. Bitcoin is secure and we are anonymous, there's nothing more files it's just user name and private key.
Yes, there would be nothing to worry about as long as the cryptocurrency space is being used for what it is and that is real life usage as a currency in which we can trade among ourselves without any possible monitoring from the government, but we sure know a lot of people will still want to use it as a store of wealth and value which would still make it subjected to tax when it comes to capital gains.
It would however play in different ways for every country since they are all going to have their own principles when it comes to taxation anyway.