Quote from: tonyja2017 on November 07, 2018, 11:39:56 AM

Quote from: kryptqnick on May 05, 2018, 06:34:41 PM

Today I was on a conference in Vilnius and went on a lecture about cryptocurrencies. I would like to share some aspects which I did't see so clear before. As we know, among those states which want to regulate cryptos, there are those which consider them as property and others as means of payment. The first approach is usually seen when there are tax companies around, because money is not taxed, but possession is. So when a state days they consider cryptos as property, it means they are getting taxed, while this is not the case with means of payment.
What do you think of this?

They can not tax us. This is a decentralized market, and government is just a normal account. It can not control the freedom of the Crypto market. They do not have the power to control everything. So we can easily evade taxes by creating many electronic wallets.

Countries which has no open crypto payment system unlike Japan, they have to convert it to local fiat in order to finally use their cryptos. And the govt. can then easily tax their citizens whenever they convert from crypto to fiat. Even if it is a decentralized system, the government will find ways to tax them and remember cryptos are not 100% anonymous, so the government will find those who will be evading taxes.