Government put on tax on bitcoin

[Hamstead]

I know government will after this bitcoin to be taxed, because there is a big money in here and it could really give them of what they wanted. But this things won't be happen if the bitcoin community will never give-up and still opposing government. Because once bitcoin become taxable, it could only lead to the government by controlling it and it's price will be affected. It could be possible also that more investors will stay away from crypto and shift into other investment. And with this, bitcoin will be called as decentralized and it's popularity will goes down.

[jkinit2125]

It will surely happened in thw future. With it putting tax in it, bitcoin will be legalize and be accepted by Government.

[hassan.shakeel.rajpoot]

If government take a tax of btc so our earn money will be more less and can make people panic too.

People won't panic, they won't put too much tax, just a little percentage of transaction. Only if it happens, which is not likely to happen any soon enough. Government can not put tax on something that is not physical asset. It is operated on internet, not physically.

[omorfi]

Bitcoins adresses are crypted and identity free. How can states  put taxes on ? Peoples can turn their bitcoins into dollars. Govs can put on income taxes only. Soooo keep your income into cryptocurrencies.  

[2Godbdglory]

Bitcoin is not a legal tender. There4 government doesn't recognize Bitcoins as legal tender, should Bitcoin miners have to report their stash on their taxes? The short answer is yes. If government takes tax on Bitcoin it will definitely reduce it.

[DesmondHayes]

There are already regulations in some countries that are pointed towards the taxes that are connected to the Bitcoin. Bitcoin alone isn't taxable but transfers that are changing Bitcoin to the local centralized currency are not tax-free. Every government wants to have full control over Bitcoin but that is not manageable. We don't know what will the future bring to us or will Bitcoin be implemented into central banks or will the people manage their payments everywhere with this online currency. Governments are for sure searching the loopholes to put the tax on the Bitcoin cause it is in their interest to gain the profit of the market traders and Bitcoin holders.

[kerjakuat]

there was no way government can do this to his peoples. how come they can detect the owner if they got million in there account. there was a reason bitcoin is anonymous.

[last7minutes]

If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours

Governments wouldn’t put taxes on Bitcoin because they doesn’t know at the moment how to interpret the digital money and what is the most important they doesn’t know how to monitor it and define the taxes.

[galestorm]

Just as what you said, our profit will be less than what we'll originally receive since tax takes up most of it. I just hope the government will not push that kind of idea because most of the campaigns that i participate in dont offer high paying stakes but i doubt that they'll put tax to bitcoin because they dont know how to apply it

[manismanja]

If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours

the government will not be able to master bitcoin and even collect taxes from bitcoin, since bitcoin is a self-cut digital eye for bitcoin shipping costs and not for government taxes because it is very detrimental.

[arthotdog]

If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours

every people is under government and everything that profitable must have tax so
i dont see any reason to question this matter unless you have illegal businesses so you are
afraid of having taxes.

And besides we have earn lots for quite so long,so this time let the government have whats
belongs to them

[siopao23]

If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours

Bitcoin is not profitable for government. They cannot get anything from thousands of transaction that is happening around the world. By implementing this, they can also the control the number of transaction and monitor others.

[fachant]

It will surely happened in thw future. With it putting tax in it, bitcoin will be legalize and be accepted by Government.

It will happen in the future. Governments will put a tax on bitcoin transactions. I think people get used to it and will not have big consequences.

[DPrillio]

It will surely happened in thw future. With it putting tax in it, bitcoin will be legalize and be accepted by Government.

It will happen in the future. Governments will put a tax on bitcoin transactions. I think people get used to it and will not have big consequences.

I don't think so on how government get tax from bitcoin because we know the fact that bitcoin is a decentralized system on the blockchain and maybe it will only happen
if the government has link in every transaction site and get the desired percentage tax in every bitcoin transaction.

[mamsi]

If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours

Cпacибo зa Baшy пoддepжкy !

[cryptoama]

Government can't control bitcoin or any online currency. It's like a hidden purchase and you can hide you identity. So, Govt. can't put tax on bitcoin.

[nick_nick]

If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours

It would be extremely difficult to impose tax bitcoin. The question is how much tax are they going to impose and how would it monetaring be? Bitcoin is a decentralised currency and cannot controlled by one central goverment. To me, I think tax imposition would be very difficult

[Buttercup123]

It will surely happened in thw future. With it putting tax in it, bitcoin will be legalize and be accepted by Government.

It will happen in the future. Governments will put a tax on bitcoin transactions. I think people get used to it and will not have big consequences.

Its quite happening now in my country but the government isn't winning so instead they just publicly warn our people not to engage in bitcoin transaction because it is too risky to invest. But i don't think the public would go against bitcoin because as far as i know many of my people is in with bitcoin and as far as i know they are much more wiser and have more knowledge in bitcoin than our government.

[TIDOVEE]

There is a high tendency of the government placing tax on bitcoin in the future but it should not be big deal as long as it doesn't bring issues between us and the government, though by then I don't know what bitcoin would have become it terms of satisfying people. All I wish before then is to have made mine own goodies out of it.

[TIDOVEE]

There is a high tendency of the government placing tax on bitcoin in the future but it should not be big deal as long as it doesn't bring issues between us and the government, though by then I don't know what bitcoin would have become it terms of satisfying people. All I wish before then is to have made mine own goodies out of it.