Post
Topic
Board Economics
Re: Government Furious
by
cahbagus555
on 06/07/2018, 08:40:15 UTC
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?

If government want to collect taxes from cryptocurrency trades, I think government should issuing regulation first. Its really comfortable if government collecting taxes from crypto trades because thats mean cryptocurrency is not illegal anymore