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Author Topic: Taxing bitcoins, good news or bad news?  (Read 653 times)
_wayfarer_ (OP)
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December 16, 2013, 07:30:03 PM
 #1

I'm referring mostly to the Norway govt's decision to say the Bitcoin isn't "real money", but that it is definitely an asset that can be taxed using the capital gains statute.  This seems to be largely being portrayed in the media as a "hit" against the credibility of bitcoins, but it seems to me that it could very easily be seen as a positive, since it sort of legitimizes it as an asset, and legalizes it as an investment.  Whether or not it is a real currency is really up to its users after all.

Thoughts?

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December 16, 2013, 07:37:45 PM
 #2

I'm referring mostly to the Norway govt's decision to say the Bitcoin isn't "real money", but that it is definitely an asset that can be taxed using the capital gains statute.  This seems to be largely being portrayed in the media as a "hit" against the credibility of bitcoins, but it seems to me that it could very easily be seen as a positive, since it sort of legitimizes it as an asset, and legalizes it as an investment.  Whether or not it is a real currency is really up to its users after all.

Thoughts?

So Bitcoin has now Gold status in Norway actually, seems good news for me
yessine
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December 16, 2013, 09:04:00 PM
 #3

it's good to tax bitcoin that mean they consider the coin as a money
otherwise they can BAN for a stubid reason "money laundring"
after this taxation the value of the coin drawdown , but it's good as well

_wayfarer_ (OP)
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December 16, 2013, 09:35:03 PM
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So Bitcoin has now Gold status in Norway actually, seems good news for me
Or silver status, depending on who you listen to Grin

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December 16, 2013, 09:40:47 PM
 #5

Your average Norwegian citizen is earning too much money to be thinking about cryptocurrencies.

Cannot imagine my brother who lives there being bothered by mining, even if given free 10gpu rig.

And as investment - better to go straight for online poker.


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