Ninjastic
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Topic
Board Altcoin Discussion
Re: The End of Anonymity and the Start of Tax Hell for Crypto
by
sumangs
on 12/11/2018, 15:54:15 UTC
Quote from: getme on November 11, 2018, 03:48:27 PM
Angry Angry Sad Governments are dreaming of removing anonymity from Crypto. They see Crypto as a taxable goldmine and they want to cash in.

Any thoughts? Check the post on Medium on the topic.
https://medium.com/tabularasa/the-end-of-anonymity-and-the-start-of-tax-hell-for-crypto-38de53cb04c6?source=friends_link&sk=98093ecd7ca8c2753047cbc656c73936 (link below bypasses the Medium paywall)


Any thoughts?


Collecting tax is also knowing the person who uses crypto as payment and it also means that it is not decentralized anymore because there is a person who controls its system. A reason why crypto are made because of anonymouse transaction that leads for a secure contract. Applying tax for it removes a relevant reason why it is made.