tax for a safer crypto environment

[As roma]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

Bitcoin is not a fiat currency with legitimate status in any country, but it is often still bound by the rules of tax liability regardless of the medium of money used. There are various laws in many countries that may result in income taxes, sales, payroll, profits, or other forms of tax liability arising with Bitcoin.

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[Rossy Akbar]

It will become an absolutely awesome idea tho, I think that's the meaning of paying taxes for something. If the government do that it's mean they care of bitcoin users and they want to make a good agreement for bitcoiners. Maybe if they could make an high taxes even to protect bitcoiners from the hacker either.

[raidarksword]

I guess it is  a good idea for security purposes to avoid and lessen scams performed by those people using bitcoin to perform their heinous acts but it all depends on the government on how they regulate crypto currency and adapts it.

[MaoDio]

Everytime the government implies that they gonna add a new tax from scratch it needs to be fought, it just increases the overall tax burden on the population and they keep doing it while playing different groups out to each other (ppor vs rich, healthy vs unhealthy, foreign vs native etc).

If they cant guarantee a safe environment for the companies (exchanges) which are registered in a specific country they are not government at all, its like adding a 3% police tax and 4% firefighter tax on all products soldin a country, either they can finance all of those services by the gigantic amont of taxes they already forcefully take from people or they are not considered a government (look at venezuela to see the extreme of this concept)

[Flayme]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

That's a great idea...  If tax is really needed to legalize Bitcoin all over a counrty why not....  Tax is really important and if we used it here....  Well definitely it will bring safe and secure community....  In returns for our tax the government will protects as from illegal things like scam and hacking....  Well if it really happened it will surely help us not to be a victims of scammer....  We are working hardly here so if we are just be a victim of scam...  That's is probably the worst thing that will happen  to us...  I will agree on that but the government will do their very best to make everything here safe and to create a better crypto environment.....

[Kakawate]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

For me, it would be just fine, as long as the tax that we are paying is gonna be given the quality sergice that we are paying for, as long as the crypto users are really enjoying the services that the government had promised tand to provide.

[1Referee]

Bitcoin is not a fiat currency with legitimate status in any country

Bitcoin is legal in Japan. But even if it wasn't, Bitcoin doesn't need the government's blessing to become a legitimate whatever-you-want-it-to-be tool. Who is the government to decide for me what's legitimate or not? I can figure that out for myself, don't need anyone doing that for me. It's always governments this and governments that; can you guys actually think on your own or do you always need governmental input?

Letting a bunch of criminals (yes, governments are criminals) decide for you what's good or bad isn't the right way to move forward. Bitcoin gives you financial freedom, which is an extremely powerful tool. Governments controlling people's wealth means they control the people, it's that simple. Bitcoin breaks through that. It will take time for people to realize that, but eventually more people will become aware of how rotten the system is, and that they have been supporting it with tax payments for decades.

[no0dlepunk]

Do you really think that if they tax it, the tax will be used for goodness sake? hell no! Once they make it happen, expect huge corruption.

[Ilegendph]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

It seems what you are suggesting is like government's regulation on stocks and forex. I believe that your suggestion is good and I will totally agree with the regulation if the government dont interact with the decentralization of cryptocurrency.

[Falmera]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

It is a good idea indeed. But it just suits to a government whose officials are truly a public servant. Your goals will be hundred percent achieved. Otherwise, if the officials are selfish, our tax will just be wasted. We will be like feeding huge size crocodiles.

[Yadstiker]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

Depending on the regulations in your country you should already be paying those taxes, there is no need for the government to create a special tax because you are already due your taxes to begin with, second while what you are suggesting is not a terrible idea you will need to governments to accept cryptocurrencies completely for that to happen, but do you think that they want more people to use cryptocurrencies? Because I don't think so, that makes very unlikely that they're going to create something like that.

I agree and you do have a point out there mate. In other words we need to pay extra taces for us to be VIP or in short for us to be safer in some aspects, but it doesn't reallt guarantee our safety. As what you have said, i think the government are against on using crypto instead, and if they will support such idea it would be a long way process.

[mobiljonson]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

Basically Bitcoin has a decentralized system whose transactions are hard to trace by anyone including the government. This makes a negative transaction rife in Bitcoin

[Jaybitcoin2018]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

Basically Bitcoin has a decentralized system whose transactions are hard to trace by anyone including the government. This makes a negative transaction rife in Bitcoin

I think if that would happen there would be new policies that would be implemented and bitcoin would no longer be decentralized and the government will have control over it already. Not everyone will be happy about it if that will happen though I know that would not be easy anyway.

[sharm2121]

For me it will not be safe because government will have the control on it, so its not safe for us especially the people who invest in bitcoin. Bitcoin now is safe and better to invest, so why we should agree to have a tax, and we still using it now freely even if the government doesnt legalize bitcoin.

[randyboy]

It would be good but the government can manipulate crypto's service and anonymously because they can trace all the transactions that we all made or they can easily control all system of the crypto or maybe bitcoin so It's a big warning if the government is to tax the crypto.

[krampus854]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

Well i think no one will be rich in bitcoin because imagine every transactions today has so big fee's and imagine you will add the tax like 3%-5% that is so big right there are so many people in the world that are using bitcoin the government will just use the power to increase each tax.

[Chachen19]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

Depending on the regulations in your country you should already be paying those taxes, there is no need for the government to create a special tax because you are already due your taxes to begin with, second while what you are suggesting is not a terrible idea you will need to governments to accept cryptocurrencies completely for that to happen, but do you think that they want more people to use cryptocurrencies? Because I don't think so, that makes very unlikely that they're going to create something like that.

It would be great if taxes would be used to protect the secure digital money environment, for example, because it would provide maximum protection for transactions as well as protect users from more important code triggers.

[Chrisjay29]

will that will be good. if government will make a assets that avoid scam. but it will be depend on price of the tax. i know  taxes is good.because it help your country grow. if it is on good price.

[hahay]

What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?

Taxes for crypto I strongly agree but let the taxes to help the country's economic growth such as increasing employment, building the city structure for the better etc, fiat transactions into crypto and vice versa is very large, so it's worthwhile for us to pay taxes. Because after all pay taxes very well and positive.

[maxreish]

If they will fo a group that ensure individual's safety, then I will agree on the taxes our government tend to add. If it is worth taxable then there is no problem on my side. Hope in reality, our government will implement that scenario like what you have think of to protect us in the future. Crypto transactions nowadays are not a joke so people needs more security from the government if in necessary.