Government put on tax on bitcoin

[jake zyrus]

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

I think no one in this community will like it or allow this to happen. But if we're taking a look at it hypothetically, bitcoin will of course lost its main feature which is decentralized network. Bitcoin is created to left the influence of politics so putting tax on it will definitely make people lost interest on it and may result to its downfall.

[Sirait]

I think putting some taxation about the bitcoin is good to make it more acceptable in all countries.  Most of all countries the reason they banning is because no tax imposed. 
Tax is very essential since it is the life blood doctrine to support the operations of the government. It will be more good if this thing happen.

I think the reason the government banned Bitcoin is not because Bitcoin cannot be taxed, because my country is one that banned  Bitcoin with the reason Bitcoin can be very dangerous...Bitcoin can be used for money laundering and asset transfers between terrorists.

[royalfestus]

Am tired of the threat from government, if there interest is putting tax to get there share from the technology, they should put it. There seems to be no way they can put the regulation to prevent anyone from making his profit, they should just stop all those bizarre regulation tirade. At some point the government will benefit from the ICOs, since the idea is now used in almost all sphere of life.

[Baby Dragon]

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

I personally hope this won't happen because I think this will end the cryptocurrency. Blockchain technology is created and innovated to give the people freedom and security. Taxes will just eliminate these features and the government will just play it around. Bitcoin is created for the people and I think the people should have the power over it.

[Renampun]

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

I would be very happy if the government imposed a tax on Bitcoin, Bitcoin would be one of the recognized assets such as real estate, land, gold and another asset in taxes.
the effect of our use of Bitcoin will be safer, more free and faster.

[Kikir leutik]

for me personally if bitcoin is taxed by the government, it's probably the best. provided the government legalizes and promotes bitcoin progress.

[BillyTalent]

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 is not surprising that the government imposed a tax on bitcoin. This was to be expected, but I do not think it will greatly affect the attitude towards bitcoin in people.

[Tagabukid69]

That's good news because bitcoin is now legalized and everything will works efficiently, such as processing transactions, In my part in actual scenario, I hate most in peak days transacting money in banks because it takes me more time to wait to process my resistance and payment but now I believe bitcoin will do something better;)

[freshm4ker]

I do not think it's possible for the government to have taxes for every bitcoin transaction because bitcoin is highly decentralized and it can not be controlled by the government and people who use it as anonymous.

[raldix00]

For me its okay to put some taxes on bitcoin as long its a not big. Because taxes help your country grow, so if you pay taxes you help your country and infact the taxes you pay to you will be return to you and your family

[turkoglu23]

I think putting some taxation about the bitcoin is good to make it more acceptable in all countries.  Most of all countries the reason they banning is because no tax imposed. 
Tax is very essential since it is the life blood doctrine to support the operations of the government. It will be more good if this thing happen

[lisasteca]

Unfortunately, sooner or later we will get there. The BTC moves millions of dollars and governments will not give up taxing that money.

[Yle725]

Hello! I believe that at the moment this thing is not possible at all because we are talking about a decentralized system that precisely for this reason is not regulated by anyone! This could happen if somehow it was regulated and therefore surely there would be consequences to be paid!

[Glutius]

Bitcoin will lose its value because decentralization and independence make it so unique. And if the government intervenes, it will ruin everything.

[Keeminakar]

In this case, it will at least be adopted by the government, which is also very good. The main thing that the tax was small.

[Tiger Junk]

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

Even that is impossible to happen i still believe that the goverment will used the money or the tax will get for all the users of bitcoin in a good way, so even our salary or income with bitcoin will deacreases because of tax it is still okay because the goverment will used it to improve our economy.

[poletando]

it the government put a tax on bitcoin, i will agree, it is a better decision to put tax on bitcoin than banned bitcoin in their country and i think, the user that use bitcoin will agree with this decision, because of course the bitcoin user don't want to bitcoin is banned, but i think the tax will given by income transaction, dont put a tax in bitcoin holder.

[miyong]

If the government place taxes on bitcoin it will be a big factor to those who engage in bitcoin. Due to high fee and taxes they might back out engaging in cryptocurrency.

True,  those high fees and taxes is not a small amount and it is a big factor for those who only earn enough money that will help to provide the basic needs.

[Gagalnuyul]

I think it will be very difficult because bitcoin from transactions is very difficult to track unless the government is working with a third party,, but if that happens there are many ways to avoid that tax 

[PM.coins]

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

In a short term, it may happen. The government has the authority to put or collect income tax from bitcoin transaction. Tax collected is also useful because can be used to support the government income from tax. Beside that it can support the economy. Beside that, collecting tax from bitcoin under formal laws or regulation will bring good news for accepting bitcoin legally. Of course , it can support bitcoin to grow better in the future.