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Board Service Announcements
Re: Do I really have to pay taxes on crypto investments?
by
peteresw
on 17/06/2020, 08:56:03 UTC
Bitcoin will not achieve mass acceptance by society and will not become a popular means of payment. One of the reasons for this is the lack of desire for Apple and Google to interact with cryptocurrency apps.
Another reason is rejection of digital money by leading services such as YouTube. there was a time when it began blocking cryptocurrency related videos, defining them as “malicious or dangerous content.” For the same reason, Vitalik Buterin video about the Ethereum roadmap recorded in 2016 was deleted.
No less important factor is the failure of banks to carry out operations with digital money.
this can only be a matter of time. for example, the German parliament approved a bill that will allow financial institutions to provide services with crypto.
I think bitcoin will not be able to become a reliable currency due to technical difficulties.

I read that a venture capitalist Tim Draper thinks bitcoin ate will rise to $250 k by the end of 2022. and this guys they know this kind of stuff. the funny thing is that he thinks one of the reasons for the rise will be its wide distribution in the world as a means of payment. anyways, some of us are clearly wrong...