Post
Topic
Board Legal
Re: Have You Paid Tax On Bitcoin?
by
TheGreatPython
on 18/11/2019, 10:27:21 UTC
What is your country's policy on taxation on cryptocurrency? Secondly, have you used Bitcoin ATM before? I heard about Bitcoin ATM when they installed them at the Melbourne airport. Please share your experience on BTC ATM and taxation. https://www.cryptoinfowatch.com/irs-looking-at-tax-issues-linked-with-bitcoin/
I am really waiting for that time that I will be seeing bitcoin atm in my own country which I think it would be impossible for now because the government does not even understand cryptocurrency for them to even be thinking of having the atm approved and before you can install anything of such, it must be with the approval of the central bank.

For central bank to approve such a thing, it means they must have been fully aware of the use of the cryptocurrency and even its benefit to them and to the community, but for now, the few ones that knows about cryptocurrency is seeing it as Ponzi scheme because when it first became popular, people were only interested in it because they learnt that it can make their little one to really double in a shirt term.