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marinomario
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March 16, 2018, 05:14:32 AM |
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this is because bitcoin can last up to 10 years ahead, and that's one of the advantages that will be taken by the state to apply taxes. because blockchain technology has the advantage of transparency, accuracy, and availability of data, and it will be applied in the state finance system as a good transaction tool. with the presence of Blockchain can greatly assist the government by providing a citizen identity platform. Encrypted identity data, in addition to being used as a digital identifier for government services such as health and education, can also be used for tax purposes. hopefully I hope this is still a consideration of the state to provide taxation regulation bitcoin.
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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srmecdes
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March 16, 2018, 05:44:08 AM |
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If you use decentralization exchange like wavesplatform, you do not hesitate about tax. They can not take tax.
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gua86402
Newbie
 Offline
Activity: 126
Merit: 0
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March 16, 2018, 09:25:39 AM |
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The government has imposed a tax on BTC, demonstrating that it has recognized the legal address of BTC and digital cryptographic currency.
People own the BTC and the digital encryption currency to pay taxes under the protection of the law!
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ethereumhunter
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March 16, 2018, 10:59:52 AM |
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I cannot imagine when bitcoin to be taxed and I think the government will search the opportunity to do this because they know that the people earn much money from bitcoin and the government thinks that they make another money if they can apply the tax for bitcoins. but I don't know if it's true or not because first, the government needs to create something to detect or to know which people that have bitcoin and I wonder how the government knows the right people that have bitcoin.
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Sled
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March 16, 2018, 11:35:26 AM |
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I cannot imagine when bitcoin to be taxed and I think the government will search the opportunity to do this because they know that the people earn much money from bitcoin and the government thinks that they make another money if they can apply the tax for bitcoins. but I don't know if it's true or not because first, the government needs to create something to detect or to know which people that have bitcoin and I wonder how the government knows the right people that have bitcoin.
If the government want to achieve something then they will achieve it. The government is the biggest fan of centralization so i think that they will surely make something that will give an order to the people to just pay taxes to the government from their profit from bitcoin and since the blockchain is an open ledger then the government can double check it if they are stating the truth or not. |
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davida
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March 16, 2018, 12:01:51 PM |
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If Taxing Bitcoin is going to be possible in South Korea as mentioned, it will definitely be difficult for their revenue authority to get the actual value of Bitcoin that would necessitate being taxed, since it is what the Bitcoin user accounts for that can be valued for Taxation, since he is the only one that has the private key to his wallet. However, it is worthy of note that this is even applicable to the economy in which their Government had giving Bitcoin a kind of Support. Can we even talk of Taxation in those Economies where Bitcoin had not yet gain any form of acceptance wherever from either the Government nor its citizenry?
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Jico79
Newbie
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Activity: 36
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March 16, 2018, 12:08:47 PM |
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tax with whom? All accounts are virtual stars know who are using bitcoin that tax? I doubt this because it is not available. Suffering for the people?
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preceptus11
Newbie
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March 16, 2018, 10:48:20 PM |
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Good news actually because now there will be judiciary inputs in this system and thus criminal networks may cease
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minersday
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March 16, 2018, 10:55:14 PM |
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If you use decentralization exchange like wavesplatform, you do not hesitate about tax. They can not take tax.
But in the wavesplatform and in their dex there are only a few altcoins in there, only a few ICO's who have the waves system. i do not want to sound rude, but waves is the biggest shit that i have ever seen, no offense, but that is the truth. |
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rehanaurora
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Activity: 130
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March 17, 2018, 12:03:59 AM |
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Good news,this means Gov recognize crypto and it’s legal for people to trade btc under law protection. But does the government have policy that not harmfull for developers? Cause the value of btc is change so quickly.
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BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
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March 17, 2018, 12:58:18 AM |
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I cannot imagine when bitcoin to be taxed and I think the government will search the opportunity to do this because they know that the people earn much money from bitcoin and the government thinks that they make another money if they can apply the tax for bitcoins. but I don't know if it's true or not because first, the government needs to create something to detect or to know which people that have bitcoin and I wonder how the government knows the right people that have bitcoin.
It is not easy to give tax to bitcoin users let alone from the side that bitcoin users are anonymous and can not be controlled, actually the government is very interested to legalize bitcoin so they can give tax on bitcoin users and get profit. but the problem is how does it work, to require users to pay taxes? |
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maculeth
Member
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Activity: 714
Merit: 11
BountyMarketCap
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March 17, 2018, 01:05:59 AM |
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meaning the government is beginning to realize the benefits of bitcoin and they are starting to think of taxing the existing bitcoin. but on the other hand, with the tax on bitcoin, the fee for each transaction becomes slightly higher.
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Lexurdania
Member
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Activity: 840
Merit: 10
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March 17, 2018, 01:19:22 AM |
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I think its great if trade bitcoin taxed. This will give confidence to new investors that bitcoin is not a scam like negative news that circulated during this time. With taxes on the bitcoin trade, will open way to regulations on bitcoin trade
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not-a-bot
Newbie
Offline
Activity: 38
Merit: 0
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March 17, 2018, 01:51:25 AM |
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I cannot imagine when bitcoin to be taxed and I think the government will search the opportunity to do this because they know that the people earn much money from bitcoin and the government thinks that they make another money if they can apply the tax for bitcoins. but I don't know if it's true or not because first, the government needs to create something to detect or to know which people that have bitcoin and I wonder how the government knows the right people that have bitcoin.
It is not easy to give tax to bitcoin users let alone from the side that bitcoin users are anonymous and can not be controlled, actually the government is very interested to legalize bitcoin so they can give tax on bitcoin users and get profit. but the problem is how does it work, to require users to pay taxes? |
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Boromon
Newbie
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Activity: 182
Merit: 0
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March 17, 2018, 02:46:25 AM |
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Bitcoin is decentralized and you can not control it as well as know the people who are holding bitcoin. Taxation will surely not work on bitcoins but this idea is not a bad idea.
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udroxz
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March 17, 2018, 03:21:25 AM |
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I think this technology cant add taxes to BTC and cant control from government sector it will be BTC can popular.
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topleskacah
Jr. Member
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Activity: 125
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March 17, 2018, 03:32:50 AM |
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no matter what taxes I'm asked to give the one I got over 3 bitcoin a month Grin the tax is at least 0.001bitcoin well better taxes to get the legality of the country taxes must be in place so bitcoin keeps the price stability
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yanxuanyunshan4
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March 17, 2018, 03:37:40 AM |
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This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's
The German government officially recognized the legal and tax status of bitcoin and became the first country in the world to officially recognize bitcoin as its legal status. The German government classifies bitcoin as a "monetary unit" and "private capital", meaning that commercial interests related to bitcoin will be taxed, but individuals will still be duty-free to use bitcoin. The application of tax to bitcoin can monitor the circulation of COINS. |
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hushwind
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March 17, 2018, 05:00:34 PM |
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Don't know why korea is so willing to collapse its own finance by accessing bitcoins?
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Eugenar
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March 17, 2018, 05:08:10 PM |
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I believe that this thing is impossible to happen. The concept won't meet this. Bitcoin is a cryptocurrency that is decentralized. The decentralization prohibits it to be taxed since it is not controlled by any government unlike fiat also it is a currency and happened to just be a profitable investment due to the high rate of increase on its market although it is not its main use or function.
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