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?
Governments will do anything to try to make people think that bitcoin is not a currency and if they can obtain more money out of it then even better but what they are not understanding is that many people are not going to be as cooperative as they think, the people that have invested currently in this market are not your average person, we are not sheep that they can lead wherever they want, many people are going to actually resist any movement made by governments to try to regulate the market.