Bitcoin is now considered by the government as a property, not an income . This is the reason why they want to put taxes. I guess it is fair enough for those who earned hundreds of thousands here in the crypto world. But for those who are just starting to earn, the government should not. Still, I am in favor of the taxation. But the government should also consider the status of the bitcoin's market price.
Not so many governments consider bitcoin as a property. Most states classify bitcoin as a financial asset, some as a means of payment and units as a commodity. I was recently surprised by the news that according to the conclusion of a special commission set up by the Government of India, bitcoin can be recognized in this country as a means of payment, that is, as money. This is after so much time the crypto currency was in this country on the verge of prohibition. So it's not all that bad.