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Re: Do I really have to pay taxes on crypto investments?
by
webtaxi
on 17/06/2020, 08:36:54 UTC
Many talk about developing a national cryptocurrency. bu I think governments will not use cryptocurrency until they find out how to control it..

By and large, no one needs the government  to use Bitcoin or another cryptocurrency. To begin with, it will be enough for the state to allow at the official level to store, buy, sell, mine, change, etc. That is, cryptocurrency must have an official status. just like we have it in the US

An official status for cryptocurrencies can only appear (in my opinion) when the state levies all cryptocurrency transactions with taxes, adds full identification of citizens and makes an exchange only through official, state exchangers.

I do not think that even having received the status - something will change dramatically for cryptocurrencies.

when adopting some kind of law, in particular, on the “digital assets”, the task is to rip off citizens for taxes and, potentially, bring under either administrative or criminal legislation.