Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
Bumblecoin
on 15/08/2018, 10:11:33 UTC
Bitcoins is not yet a legal currency cause not all countries, world bodies have accepted or recognise it. You wrote so much and how come you fail to understand that this coin cannot be controlled by anyone, no one can manipulate it and most of all governments cannot find out who owns it or make you pay taxes. There is a huge hassle process and it's expensive to track it, make a whole set of laws. You get the point don't you.
You are absolutely correct fellow. And I think it will be different or there will be changes when bitcoin will become legal. Taxes will be imposed on every transactions, I am sure about that in my place when it will be legalized.