Is it possible that cryptocurrency will be totally accepted by government?

[gabmen]

I wanna ask if it is really possible that cyptocurrency will be accepted by the Government and will you agree that it will be subjected to tax when that time comes?

We all know that Fiat money is the form of currency that we are using right now, so when the world accepts cryptocurrency as a universal form of currency, then it will be taxed.

Yeah, I agree that government will find a way to tax bitcoin. Tax and transaction fee would be a big problem for average user so I hope they will leave it alone.

Hopefully they'll leave it alone but of course, for any government to entirely accept cryprocurrencies, they will try to find a way to be in control of it. And the reason why people dig this crypto revolution is because it's decentralized and not controlled by governments and banks.

[jrfsl]

If they want to tax our crypto transactions and assets, doesn't that mean they will have to
ban all anonymous cryptos (like Monero)? Maybe that's why all these horror stories about cryptos
being used for illegal things are spread about so much by governments. They want to keep
an eye on our assets.

[Bilbo Baggins]

I think that's the only viable option, governments will see it's potential to make money out of it, so they will definitely legalize it and find a way to earn taxes out of it.

[Amber Port]

Cryptocurrency is accepted by the government. Attempts are being made to regulate, the introduction into the economy, etc.

[Yarsk]

Cryptocurency is a universal currency, whether the government like it or not bitcoins will still be in treading in your exchange market. So it is to there own advantage to except it as a form of payment in places like the airport and bus terminal. It will boost they economy greatly.

[Papsie]

Yes I think it is possible and I think it is a great idea because it has a possibility that the value of bitcoin will increase if the government support and fund it. Besides there is no illegal activities here in bitcoin, just scamming then the rest are legal.

[SugoiSenpai]

I wanna ask if it is really possible that cyptocurrency will be accepted by the Government and will you agree that it will be subjected to tax when that time comes?

We all know that Fiat money is the form of currency that we are using right now, so when the world accepts cryptocurrency as a universal form of currency, then it will be taxed.

Most likely in the future Cryptocurrencies will be accepted. Bitcoin will be known and used throughout the world, and when Bitcoin is implemented as our fiat then taxes will be a bit unstable, as bitcoins price range is drastically changing day by day, every hour and every minute. Paying taxes will be the problem of implementing it as our societys fiat.

[jercess]

For me it is not impossible to happen. There are already some countries who started to legalize the use of cryptocurrency. The world is round and we cannot predict what's going to happen next.

[Happy Miner]

If the cryptocurrency is taxed, how will it differ from fiat?

[Imfinnabeon]

I wanna ask if it is really possible that cyptocurrency will be accepted by the Government and will you agree that it will be subjected to tax when that time comes?

We all know that Fiat money is the form of currency that we are using right now, so when the world accepts cryptocurrency as a universal form of currency, then it will be taxed.

Yes it is possible for the government to fully accept it and if they want a piece of the pie and to tax it they must regulate and accept it. Think about it how can you tax something that is illegal, well you simply cant. Thererfore

they must look at integrate cryptos into tax law and society because if they dont they lose out on an opportunity to tax and we all know governments love their tax dont we 

[nhattori27]

I think It is high time governments all over the world should accept bitcoin. Some countries have already started.

[spongegar]

I wanna ask if it is really possible that cyptocurrency will be accepted by the Government and will you agree that it will be subjected to tax when that time comes?

We all know that Fiat money is the form of currency that we are using right now, so when the world accepts cryptocurrency as a universal form of currency, then it will be taxed.

It won't be long till the world accept crypto currency and of course the governments. I mean now we see countries actually using them in their trade. So long as a venture is profitable and no  one takes offence in it, then the will get to know to accept it. Much like gambling, in the olden days it is frowned upon, but now they build city after city of gambling structure, same goes for marijuana. So long as the government can make a profit from it, it will be accepted

[winfair]

For me I think its possible our government is totally accepted  someday i can wish for that