Post
Topic
Board Bitcoin Discussion
Re: Taxation of 30% on gains from Bitcoin investment?
by
Bitcoin_bullish
on 07/12/2020, 11:14:07 UTC
Taxation will come as regulation and acceptance of Bitcoin is increasing. In my opinion governments when imposing taxation should also have in mind the risk of these volatile assets as governments are not participants whn prices drop or trades go bad. It should be a taxation on trading or investing profits when these are realized and not when you are holding Bitcoin or any cryptocurrency. Prices are very volatile and taxing when prices is high is actually extortion if there is no withdrawal in fiat involved.