Post
Topic
Board Bitcoin Discussion
Re: What will happen if Bitcoin gets official permission from the government...???
by
BronstadID
on 12/09/2018, 07:29:28 UTC
IMHO, the official permission from the government means you can trade and make settlements in BTC without a fear of being traced or caught, as was the case with some countries I heard of, BUT they will make us pay taxes on every transaction or maybe they'll try to impose taxes on your crypto assets you hodl. We are speaking hypothetically, aren't we? So, I just don't see the way the government can mix in managing transactions. I take it it's technically impossible. So, we can relax for now, at least.