Quote from: lepbagong on November 03, 2018, 03:40:19 AM

Quote from: yslyv on February 07, 2018, 07:35:57 AM

Quote from: aditya6997 on February 07, 2018, 07:27:30 AM

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.

Bitcoin can be taxed, if it is regulated and makes it official so that loyal bitcoin exchanges with the country's money will always be taxed and regulated by a legitimate institution, making investment even more passionate.

I don't think so how it was being tax for every transaction is decentralized despite of being transparent but if that is the scenario then the government should be liable for every new ICO for the security of every investors, they will filter the legitacy of incoming ICO because what is the purpose of taxation if they can't help in return.