Friends in the world of cryptocurrency and Bitcoin itself there are big problems with a record fall.
Along with this, the G20 is actively discussing legislation in the field of cryptocurrency taxes.
This is undoubtedly a plus in terms of legality and acceptance by countries. What do you think will be a plus for the price of bitcoin? Is this not a minus from the point of view of ease of use of cryptocurrency, as we know one of the advantages of many coins is a good anonymity, what will happen next with Bitcoin and crypto legislation, in your opinion?
It is going to be a real challenge to put tax on crypto currencies. Crypto currencies are decentralized. The government does not have full control over this economy. So if the government wants to put on proper tax on crypto currencies, they have have to regulate it heavily. The more regulations they put on, the more centralized it will end up becoming. Then eventually there will be no difference between those digital currencies and crypto currencies. If the government wants to full emphasize on taxing crypto currencies, they will have to find some other way that would be reasonable for all.