In Ron Paul's view, bitcoin is money, and it should be taxed as such. How do you view this information?
hello sir, I think if that's true it's possible that bitcoin will decline again with the tax, or without realizing it we've been trading on the bitcoin exchange has been taxed every day as an example of "fee" where every exchange will definitely cut a little for the cost of buying and selling
That is a fee that we should pay for the exchange. The tax is something that we should give to the country and the government can use the tax to grow the country and the government control the tax. Maybe the government can apply the tax but not for bitcoin, but people withdraw their bitcoin to their banks account as the banks still use it. When people have fiat money in their bank account, the government can take the tax from them. But for bitcoin, the government can not control it but they can watch the transaction made to people's bank account.