Quote from: qwirtiii on July 20, 2018, 07:42:58 AM

Quote from: daarul50 on March 30, 2018, 07:58:22 PM

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?

Bitcoin is a hidden transaction without taxes and let me ask ,How they can trace the people to convince to pay their taxes.I dont know how.I think this is comfortable to use because you have no hassle in paying bills or sending money to some people.It is created to be use by the people who has a lot of works or busy and no have time to waste their precious time also it is used to earn more without taxes or it is used alternative in your work to earn for the future.

When it comes to that of the government and the bitcoin, there are certain countries whose governments are taking some serious steps to promote the bitcoin and rest of the crypto currencies and that they are also planning of declaring these coins as legal currencies. However, the countries who are not in favour of this thing are only furious because of the decentralized nature of the crypto coins.