Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: Tax on the crypto currency! What do you think?
by
andibcoin
on 09/08/2018, 09:31:51 UTC
Quote from: k1ng0fBTC on August 08, 2018, 10:06:16 AM
Quote from: tbterryboy on August 01, 2018, 10:18:47 AM
Quote from: bbnt81 on July 26, 2018, 05:47:45 AM
I think most people go with capital gains tax. But honestly I am fine with any.
People hate taxes but i support them. Really. Without taxes, a country like the US will never be good and have a rapid rate of economy development.
Think about taxes as to help our goverments to build the cities, education and future for our children. This will make us more willing to pay taxes and forget about selfish needs.
I don’t think so that there is any such governing authority which can impose tax over any of the crypto currency for now as these crypto currencies are decentralized in nature and that they don’t come under the rule of any of the government. Government will only be able to impose tax over these crypto currencies at time once the government will declare them as legal currencies.
Well it would be great but how do government know that we're paying taxes ?since all the transaction are anonymous no one can trace it there's no way to identify bitcoin's wallet address.
maybe they can track from balance in exchanger account.if cryptocurrency is regulated, in my opinion cryptoexchange have to issue policy that member have to pass kyc.it used to track personal balance