Bitcoin Forum

Do you we can help our community using our bitcoins? How and in what way we can do it? Do we pay taxes for bitcoins?

there is no tax in bitcoin, so many countries are worried.
Bitcoin is like money, and you can help in many ways. for example making a donation is a good thing.

Yes many things can be done by us with Bitcoin. Donation is one way we can do, Bitcoin transaction process is easy to make everyone can do it. Taxes do not apply in Bitcoin, but there is a Fee that we must pay every bitcoin delivery (I think Bitcoin delivery fee is very small when compared with other media).

In using Bitcoin we do not pay taxes.. But for example you are going to invest we do help the community or the merchant to be specific because they took a little charge or extra fee for the transaction but it is in a low price. Another thing is when you invest and have enough money you can make donations as well.

there is no tax i bitcoin but we can help our community by making a cooperative program or micro finance business.

Bitcoin is decentralized, so there are no taxes being paid. I don't think bitcoin can help the community, because the only one who can help the community is the individual who belong to that group and the people who are interested to help that community. Bitcoin can't help but it can be used to help one's community. You can just give them bitcoin and they can just sell it.

Nowadays, bitcoin is not really enough help. People needs to be properly educated, not necessarily in school but on what's important. You can start by software coding to engineering, business, economics, medicine and agriculture. Governance will naturally grow within a community when we have this kind of people.

If we really want to help our community the best thing to do is educate them about crypto currencies teach them how it could be earn so that they will have the opportunity to earn additional income or maybe help them to become financially stable in the future. Bitcoin so far don't have tax but as far as I know governments are now looking into this sooner they will impost income tax for bitcoin

Bitcoin is a technology based innovation which requires good understanding, without which we cannot make use of it. For better understanding people need to be educated. So, to grow the community with bitcoin each and every user need to be educated. When this takes place, automatically the community begins to grow with bitcoin.

Maybe there is no tax on bitcoins in some countries yet, but governments will change that very soon. Now they already warn you to inform whether you have bitcoins and make profits, so they can charge you income tax and tax on the value of your bitcoins.
Education and information can help the community. The use of bitcoin already is a good help, by avoiding the banks who make the biggest profits on your transactions with fiat currency. By safing those costs you have more left over to spend and thus support the community.

We all know that community are composed of many people living in that area. Bitcoin is for everyone and there's no limitation. I/ We can help our community using bitcoin by means of encouraging our peers such as family, friends, neighbors, cousins, relatives and also people living in a community. We can also help them by teaching how to join bitcoin and explain what bitcoin is. Through this, many people know what is bitcoin and know how to do this in order for them to have their own job or business to help their family and be successful in thier life.

One of the biggest problem in our community is unemployment. A lot of people do illegal things just to earn easy money. Now that I discovered bitcoin and learn how to use it, I can say that bitcoin will be a big help to our community. Everyone has access to the internet making it more easy. The idea is share bitcoin and educate them on how to use this properly. In that way everyone will be able to have a job and make their day productive. People will earn money tax free helping them save money for the future.

Bitcoin is only visible to digital transaction and internet world and it is no taxes in all transaction of it because of decentralization used of it. That why many government are afraid to bitcoin because they cannot gain taxes from it which improvements of community and government is from taxes. Maybe if government accept bitcoin and legalize it and include taxes from it and from any transaction included bitcoin i think it can help community in any improvements of there way of living through build infrastructures.

We can help our community by sharing bitcoin in our community for it provides opportunity to others though they have a limited educational background for bitcoin does not need any diplomas or educational attainment to succeed on it. If you are already familiar here in bitcointalk we can see that it can make a difference in some one's family if one is in it for they can change their life with hardwork and research. Tax in bitcoin are placed in exchanges here in our community (country). Partly we are helping the economy of our country through bitcoin.

It's wrong, there is a tax on bitcoin. It's not because the average Joe is cheating that everyone is supposed to do it. Do you think that the online or offline shops accepting Bitcoin don't pay taxes on their sales? Then you're wrong. And in case you're not a business but just an average user you need to pay taxes also. It's based on the profits you make from buying and selling or mining it as well.

Yes, in most countries you have to pay an income tax for cashing bitcoin. If you concider it as a help to cummunity then go ahead (but please, don't be stupid and think twice). The best way to help  the community using bitcoin is just to donate it to any good social project that you like. Also some community projects can be created using the blockchain technology.

For sure this is the best time because always the bitcoin is increasing more for the betterment of the better future I hope you will see how fast the bitcoin is increasing I hope you will see the bitcoin will get the huge profit I hope the value of the bitcoin will increase more if all the people will get in the bitcoin, I hope this will increase more and this time is for the growth I hope this is the best time to buy the bitcoin.

There's no tax since crypto doesn't have any regulations. But like what other said, BTC acts like a money in a "digital" way. Of course we can still help the community and the government. The tax still applicable if one merchant has a product on the market and it has government tax, of course the total value in BTC that you'll be paying will include the tax.

Yes educating people in every matter is necessary because without education and proper knowledge success is not possible, in my opinion by getting into bitcoin we can help our society a lot, We will get rid of unemployment to some extent, will be able to secure our future, make the standard of living better.

By getting high output people will be encouraged to work hard and earn even more so to inspire more people and make them to get same

Paying taxes is the most obvious way. You can pay taxes regardless where you are because nothing is really stopping you from declaring it along with your earnings. Just declare the value in your own currency.

Other than that, maybe donate? You might need to convert to fiat, but that should not matter if you really want to help out.

Other than what you mentioned there is still a way for us to help community using bitcoin. Technically when one buys goods and services using the fiat obtained by converting bitcoins, he/she helps the community using btc because there is a tax in everything the citizens buy. That way we can help our community using bitcoin while helping ourselves because the money we used came from btc and it is considered helping community using it.

Taxes on bitcoin or whatever bitcoin you will depends on from which country you are. Bitcoin is still not taxable in many countries because there is not enough infrastructure to impose tax on bitcoins.

Bitcoin is for personal privacy rather than for community, but if you really care for community than you can sell some of your bitcoin and help/donate those fiat to elderly home, orphanage etc.

Bitcoin can hardly be supported by the state if it does not pay taxes. If it is not taxable, then Bitcoin will be a tax evasion route, so most countries will crack down on it.

when you exchange the bitcoin to fiat you pay taxes..
in our country we exchange it because of our wallets is available to withdraw it from remittance center and we are paying taxes.
I think bitcoin place a big role in our community and also to our economy

In my country you don't pay taxes because you have bitcoin so it is a risk to exchange it to fiat currency. What you can do is educate people on bitcoin, buy things with bitcoin so that more shops accept bitcoin, even donate some bitcoin

The bitcoiners like me can help our community. The bitcoiners can influenced the citizens to have an bitcoin account to their good. The bitcoiners can change their life through the bitcoin. They can earn money by posting so their life is so easy when the bitcoiners influence the people in their community. If their life is not good, when they use bitcoin their life is become comfortable.

We can help our community using bitcoins when we are donating a cash by using it. We earn from it so that when we earn we can donate our 30% of income that we get to it. Just like what they said bitcoin doesn't have tax so that you can get your whole salary without a share to the government.

First of all, bitcoin is also a money the difference is that it’s a decentralized  digital currency which can be used for online transaction. In that way we can help the community by donating money around the world. We all know that many people became millionaire because of using bitcoin and somehow it can be a way to share to other people the knowledge of earning in bitcoin. There’s also no taxes being paid that’s another goodthing about bitcoin. So we can help the community by the right amount we are willing to give.

By helping the community explaining to them the importance of investing bitcoins shows valuable you should be with your money through bitcoin it can help people invest additional income also the assurance and safety to the people imagine you dont have to worry about carrying a huge amount  of money you don't  have to of getting yourself  in danger because of money.

We can help our communities using bitcoins by getting them to put their FIAT money into BTC and that is a way to start putting value into something that can't be changed, like the blockchain. It also can't be taxed in any way unless you're an idiot and declare you have BTC which you have absolutely no reason to do so as cryptocurrency is free speech because it's code.

We should help our community to use bitcoin. Its very important to teach them about using bitcoin. Because if you dose not know clear about bitcoin you do not use it rightly. We do not pay any tax for bitcoin.

We can help our community using bitcoins,we can use our bitcoins and convert it to money. So if it has been converted in money we can give it to the charities or give it to the NGU as our donation to help other people.

of course our task as a community is to introduce bitcoin to new people. Just relax bitcoin will not ask you taxes, there is only a fee per transaction when you make a sale or buy transaction. To introduce the simplest bitcoin is through social media, because today's social media is growing very rapidly. I think that is the most appropriate way. Perhaps initially people will be a bit confused about what bitcoin is, they will only understand the high price.

bitcoin is a big help to our community.not everyone in our society can go to school or have no sufficient money to be enrolled in school especially to those who are lack of money. but because of bitcoin you can earn even your not a degree holder as long as you have the knowledge of what is it all about. .its a big big help for the community specially for those who is out of school youth.instead of wasting time playing such nonsense games i prefer them to be a part of bitcoin .it sharpens our knowlegde at the same time we can earn through it .

I think, We can invite to learn using bitcoin until profecient. It's the best thing we can do.

The first to establish bitcoin community to our closest people like family, friends
 and the uninformed neighbor we must tell what bitcoin is and tell how it works and show our results in following the bitcoin. I'm sure they'll be interested in bitcoin.

no tax payment for bitcoin. here btt has available many sources of knowledge about bitcoin and crypto. so the most important thing is to help yourself to seek experience and knowledge.

your not helping the community if you buy something just because theres a tax in it rather your only helping the corrupt governments with this. governments are friggin greedy and they always want  more money they hoard the peoples money. though i believe bitcoins can help by providing jobs online for people who are unemployed that wants to earn something on their spare time.

about taxes i think using the transaction transfer have an fee charges including the taxes fees in every transaction deducting by the online wallet especially converting the bitcoin into fiat money, helping to community using of bitcoin to educate people how earn using bitcoin is a big help for them to get decent job especially in trading and investing how grow the profits to use daily needs in life.

the best thing to do is participating in mining bitcoin and running bitcoin node 24/7, you also could help the community by spread the bitcoin to anyone who didn't know bitcoin yet. especially if your country is a lack of understanding the cryptocurrency you should educate them how useful cryptocurrency is.

no in bitcoin we dont need to pay some taxes not like in personal we always pay, but here in bitcoin its free and the way we can help our country is when someone need some help we can easily give them what they need.

If you are knowledgeable everything about Bitcoin then starts helping and/or share your knowledge with others. But be prepared to answer questions they will throw at you.


No, we don't. There are countries who wanted to regulate it, I don't want to name such countries.

You may be interested reading the following, especially the reader's comment...

https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

https://www.crypto-news.net/bitcoin-legality-countries/

IMO we only can help community use Bitcoin by sharing our knowledge about Bitcoin to other people, let them know about Bitcoin, advantage of Bitcoin and the profit they can get from Bitcoin :)). But it's not easy cause a lot of people still have bad thinking about Bitcoin and they're really persistent so it's really hard to change their mind to make them believe in Bitcoin and use it. If we want to help I think we should be patient cause it'll take very long time to change the community.

It's really easy, just share our knowledge about Bitcoin to everyone and let them know that Bitcoin is not a scam as they're still thinking and they can easily earn money with Bitcoin :)). I think it's the easiest way to do this case.

I think we can teach them about bitcoin with proper way I mean if someone have a knowledge about bitcoin so he need to tech other people about bitcoin and make hem able to stand by their on legs because it will help the society and crime can be end because bitcoin is providing a good source of income so if they people start earning money society will be develop.

I think you should donate the bitcoin you have. you can also help our community by teaching them how to get bitcoin at bitcointalk.org site
besides we can also help them by inviting bitcoin invest and trading.

We can help the community if we will teach bitcoin to those who wants to earn additional income so they can have the opportunity to become financially stable if people will earn enough they can make their lives even better. With regards to taxes so far government does not imposed any taxes in our earnings it is because they don't have any regulations about bitcoin

Yes, education is the basic need of every person without education a person will be not successful in life.

We can help our society by educating them and teach them all the knowledge about bitcoins so they should earn through it which will be very beneficial for the economy of a society. Furthermore many unemployed people will earn through it and will live a happy and standard life.

Using bitcoins to purchase material staff is useless and not efficient due to the high fees. We can help the community by pushing the developers to upgrade bitcoin lightening network

Teaching bitcoin will bring fruitful result and if teaching get started more people will rush toward this to learn about bitcoin and the main thing that provide bitcoin to the community is more room to the development and progress and the main thing unemployment will be reduced and people can earn a lot of money while sitting at home and bitcoin promises all these thing and it will deliver these to community.

If your community is about a lot of poor people i would recommend to just do buy some laptops for them and a WiFi connection and let them make a couple of bitcoins for themselves this way you will help them and they can even repay you after a while.

That's right, many people do some illegal things just to earn easy money, they do not think about the consequences that will occur in the future

You have mentioned a very admirable method to help the deprived people of our community I would like to add that we can help our society by building a school for the poor children and give them the best education so in the future they will be able to stand on their own feet and will earn a good income, so in this way the poverty will be reduce.

If you want to help the community with bitcoin then you can donate in a charity. One of the charity drive that I know is this site https://bithope.org/.
It is a bitcoin crowdfunding community for charity. You can check it and choose where you can donate your coins. You can also share some knowledge about bitcoin because many people are looking for an income and I believe bitcoin is a great way to earn money. In this forum alone, as long as you follow the rules then you can earn good amount of money. It maybe only a little for other people who are earning handsomely but for people who are in need then it would be a big help.

Regarding taxes, it depends on your country if they collect taxes related to your bitcoin earnings. There are already countries who collect taxes with the people's cryptocurrency earnings and if they catch you not paying then you will be penalized. There are other countries however who does not know how to classify bitcoin so there would be no tax charges to it.

We can help by spreading the words about bitcoin and asked people to invest in Bitcoin, a lot of people life is saved financially by Bitcoin, you can also held charity event using Bitcoin to help the poor people
when Bitcoin is not yet legalized then you don't need to pay taxes

It is very very big help to the community because even a person with disabilties could work here.

But not only the community help it also the economic and country.

Yes donation is a best way to help the poor people of our society. When we start earning from bitcoin we can donate from our earnings and help the poor and needy people of our society as you have mentioned that there are no taxes on bitcoin and we have the exact amount of salary so it will be very easy to donate some portion of our earning.

I think that bitcoin cannot be used directly in daily life, all what is to be done that connect your coin base account with bank account and cash out your bitcoin, as paper money is used in today's age so it is necessary to convert bitcoin to paper money first, then you can help the needy people by buying them necessities and providing them proper facilities. In other sense we can help them in introducing the people to bitcoin and making them able to earn by their own and make their living good.

In using Bitcoin we do not pay taxes.. But for example you are going to invest we do help the community or the merchant to be specific because they took a little charge or extra fee for the transaction but it is in a low price.Bitcoin is like money, and you can help in many ways. for example making a donation is a good thing.