Post
Topic
Board Economics
Re: How regulation affects the crypto price
by
FlightyPouch
on 16/02/2020, 11:57:15 UTC
Well maybe affect because people will not invest so more if they need to pay taxes and most authorities want to put big tax on crypto.

Well, they will not be able to tax bitcoin and crypto currencies that easily. We all know that is decentralized and they will not be able to tax that unless they find another way or take advantage of the exchanges. That is the only way that they can tax bitcoin, another thing that I am seeing is if that a company agreed on paying their employees using bitcoin, in that case, they can just deduct from it but still, I think that is different from taxing it. Also, our country already regulated bitcoin and still, nothing is happening. There might be an improvement but it is so slow.