Post
Topic
Board Service Announcements
Re: Do I really have to pay taxes on crypto investments?
by
TimeWarped
on 13/06/2020, 14:01:51 UTC
The main problem of Bitcoin today is the lack of regulations and laws, however paradoxical it may sound. You need to understand in what legal field to work with cryptocurrency.
Are regulations and laws possible at all when it comes to cryptocurrencies? Indeed, for every law, there must be its observance and control, and in bitcoin, this control is almost impossible. Of course, you can assign an address to any citizen, but this will not prevent a citizen from opening another hundred addresses and wallets. Therefore, with all the desire for regulation, it simply may not exist. The only thing is for those who themselves will go to submit documents for ownership of the bitcoin address;)
the fact that legislation and regulations do not put pressure on Bitcoin is only a plus. If bitcoin and all crypto were regulated, then I would never be interested in cryptocurrency.