Quote from: setialovers on February 16, 2019, 01:50:33 AM

Quote from: bettercrypto on February 15, 2019, 10:39:10 PM

Quote from: Kolua20 on February 15, 2019, 08:56:06 PM

I think that you can not take cryptocurrency as "property". This is extremely not reasonable. Cryptocurrencies are digital currency, money, and imposing a tax on money is accordingly silly.

As of now, governments consider cryptocurrency as "digital assets" that being used in investment. These digital assets are like gold where prices fluctuates based on speculations. These digital coins can be classified as property. Though we know that this is not the real purpose of the coins. The question is when can we consider these coins as currency? As soon as the application of the blockchain go mainstream.

Perhaps coin can consider as currency when mass adoption happen or when all merchant accept coin as payment. In my country, cryptocurrency traded as commodity and perhaps its classified as property.

what are you complaining about guys ? crypto is already considered as a currency but many people use it differently , they use thier cryptos for investment or for trading because they can see a profit from it . about the regulation thing , crypto cant be regulated because crypto is not regulated and not hold by banks .