Now in India, profit from bitcoin trading will be heavily taxed. Notice for ₹ 0.1 M tax to be paid has been issued to bitcoin holders in India.
So stupid. bitcoin is a money. what kind of tax can they take from trading a money. Same story in my country. government says that they are going to add some new regulations and bring taxes regarding cryptocurrency trading.
This is the fact that we need to accept that bitcoin and other crypto currency will be forced by the government because of the profit they can get here. And we can do that and accept it and obey the law.