You can't avoid taxes by investing in bitcoin

[TastyChillySauce00]

actually this is one of the reason why people use bitcoin because of the bitcoin animosity the bitcoin don't pay taxes .,
But even if it don't pay taxes you should be careful in the transaction fees and or the exchange rate..
Bitcoin is popular now days so definitely recommend using bitcoin and earning bitcoin for a good profit..

i think people will even use bitcoin if there is tax on it. i do not think that people are using it because there is no tax on bitcoin to me i think people are using it because there are so many other advantages of bitcoin .

That's right and I know some of my friend who report their earning from bitcoin through their business in crypto world and fine with it, though, the ones who's going to charge you taxes might be confused their asses off and have no idea what it is but if you're explaining to them, they will give alternative ways. People who using bitcoin to avoid taxes is clearly have done similar things because avoid taxes have its punishment.

[BlueStackz]

I think as long as you don't exchange them into fiat ,you can't to pay taxes,but if you have to exchange them into fiat,then you have to pay taxes because the gov know your money!

this depend it's controversial, some government may track your bitcoin address to see if you are going to use them to purchase soemthing and avoid paying taxes

they can do this if you use some known exchange which have link with are controlled by your government, but anyway i doubt you can live 100% on bitcoin, and try this way to avoid taxes, not feasible for now

I’m not sure it would be that easy for a government to track bitcoin usage and whether or not people were trying to avoid taxes. I think it would be more work than the pay off they could potentially get my doing it too.
But, tax avoidance isn’t really why I at least and surely most people use Bitcoin so I don’t think regardless of the outcome that it really matters. A government needs taxes to run anyway.

[Blackdeath]

Bitcoin is the decentralized digital money. It's really difficult to find out how much you have money in bitcoin, you may hold it or do another job. Normally their might be created a chance for hiding income from the tax man. Unlike traditional currencies and some policy, government failed to control and that's enough, we'll be able to keep away from taxes by investing in bitcoin or what we do in the marketplace.

Bitcoin does not really have tax because in some case it is not legal on all terms. It means the government don't have the power to control it and to change it. So taxes may be avoided in fact the term used in bitcoin is fee where will going to be a charged on every transaction for the development of bitcoin. For me fee is than taxes because on tax there is a chanced to have a corruption rather than fee is made to develop more the bitcoin itself.