Post
Topic
Board Economics
Re: Bitcoin vs Taxes
by
usorin
on 20/10/2018, 14:15:34 UTC
I've heared that in some countries people have to pay the income tax after buying fiat for their bitcoins. Anyone faced such problem? If yes then how you deal with it in your country?
At one point of view  bitcoin is an instrument for investment so ppl buy it willing to get income in their currency.
At the other point it is a currency and it might be used with a purpose of saving. In this case the tax would be stupid.
I agree with taxes but not when it comes to bitcoin. The whole purpose of it was to be decentralized, no taxes and so on. I dont agree not even with the exchange taxes. I know it is a lot of work behind it but it has a similar behaviour like fiat money.