The bill that has been introduced in the Ukrainian parliament which proposes a halt on cryptocurrency taxation of any nature in Ukraine until the end of 2029, would definitely be something all crypto people would get behind. The questions is, how does cryptocurrency taxing work? And is there a fair way around it?
I don't know anything about crypto taxation. How exactly does that even work? How do they charge you tax for making use of cryptocurrency since it is anonymous or are these taxes charged when you trade cryptocurrency from an exchange? In my country when I want to trade cryptocurrency I don't make use of exchanges, I make use of a p2p system where I send my cryptocurrency to the buyer and they will send payment from their bank accounts to mine. This has been the system I have been using since I started crypto and it has been working out for me.
Well, I didn't know too much about tax on crypto because since I joined, I have heard many people say that this is a special system, the government does not control our activities, want to collect taxes from us is impossible. In addition, the government did not have any support for us, if they wanted to collect taxes, it was truly absurd, believing that many people would not accept the issue, contribute and receive again, that's what they should do if they want to tax
