Today I was on a conference in Vilnius and went on a lecture about cryptocurrencies. I would like to share some aspects which I did't see so clear before. As we know, among those states which want to regulate cryptos, there are those which consider them as property and others as means of payment. The first approach is usually seen when there are tax companies around, because money is not taxed, but possession is. So when a state days they consider cryptos as property, it means they are getting taxed, while this is not the case with means of payment.
What do you think of this?
in my opinion, I disagree with the regulation if bitcoin or crypto are used as ownership, but this is not completely correct, because what if another bitcon or altcoin is used only as a means of payment or a sale and purchase transaction, if there is tax, the nominal will differ. addressed if it is used as tax rules and so on but this information is very useful and I say success for all of us