Quote from: Janation on November 22, 2018, 09:10:46 AM

Quote from: tapaibuccok on November 22, 2018, 07:52:16 AM

Quote from: kenlyresuello08 on June 22, 2018, 05:29:06 PM

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

it's only a matter of time, the government will take over the crypto currency and require taxes, now the KYC has been obliged, and that's just the beginning...

I don't know how will the government take over the crpyto currencies, they are decentralized right?

KYCs are just a requirement for sites like exchanges since there are a lot of people that is taking advantage of the anonymity and earning a lot of money from scamming the reason they needed the KYC. It doesn't mean that the government will be taking over it, that just means that owners of these sites are taking some measurements about it. I don't think we need to exaggerate the government taking over crpytocurrencies since they will not.

I agree with you Janation. The government can try to take control, but it's certainly not going to work. My wallet address is unrelated to my name. So they can't know that I'm holding.