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Scraped on 05/04/2025, 12:16:54 UTC
So even though the people of my country transact Bitcoin, they do so illegally and by evading government taxes.
Actually people in our country don't use bitcoin by evading tax, bitcoin is illegal in our country so no tax on cryptocurrency. So those who transact Bitcoin need not pay any tax. But when Bitcoin is legalized in our country, maybe the government will add taxes, then we will have to pay taxes. However, since Bitcoin is slowly gaining popularity and Bitcoin is legalized in various countries, so maybe Bitcoin will be legalized in our country soon. If bitcoin is legalized in our country, I don't think people in our country will accept payment throughin bitcoin to sell landhouses, maybe very few people will agree to it.
Original archived Re: Is it possible to buy a house with BTC in your country?
Scraped on 05/04/2025, 12:11:55 UTC
So even though the people of my country transact Bitcoin, they do so illegally and by evading government taxes.
Actually people in our country don't use bitcoin by evading tax, bitcoin is illegal in our country so no tax on cryptocurrency. So those who transact Bitcoin need not pay any tax. But when Bitcoin is legalized in our country, maybe the government will add taxes, then we will have to pay taxes. However, since Bitcoin is slowly gaining popularity and Bitcoin is legalized in various countries, so maybe Bitcoin will be legalized in our country soon. If bitcoin is legalized in our country, I don't think people in our country will accept payment through bitcoin to sell land, maybe very few people will agree to it.