Quote from: Howits on September 24, 2018, 10:16:01 AM

Quote from: myCrowdForce on September 06, 2018, 03:52:52 PM

I understand that the major reason for Crypto is to hide but can there be a solution that tracks the transfer of crypto and remit tax to nations. I think its fair enough for developed and developing nations to also protect their own end too.

There is a lot of debate as to whether digital currency is good or bad for a nation but if you ask me i f would say that if digital currency is implemented properly it could benefit in the long run.

I dont want to pay tax on my bitcoin trading and transferring because I already pay many taxes and my government give me nothing in reward. Why should I pay taxes on my money? Bitcoin is decentralized and the government has no control over it. I will pay tax on my bitcoin earnings and transactions but if my government gives me security against my bitcoin, otherwise I am not in favor of tax on it.