el kaka22
Legendary
 Offline
Activity: 3570
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
|
 |
January 21, 2019, 07:16:19 PM |
|
South Korea has been in favor of crypto for a long time. Not only that they cut the 30% from blockchain taxes and all that but also even having a crypto tax and law to begin with is amazing. There are still third world countries and over a hundred of them that do not posses any laws strictly about crypto. There should be crypto laws all over the world because we are using it and we are not going away anytime soon. If there is a money to be made from this than countries with no crypto law should start to consider making one otherwise they are basically losing money from it. I have been making money from crypto for over two years now and I have not paid a single tax. Not because I am trying to hide it or even not pay it but because my government doesn't see crypto as money and acts like its play money hence I can't pay taxes even if I want to. |
|
|
|
|
shield132
|
|
January 21, 2019, 08:45:19 PM |
|
That's great news, it seems at first small countries try to integrate it, also I like the fact that Bitfury does it's best in blockchain technologies development. I don't know what taxes are on different countries but South Korea did well, I think 0% tax for a while would make BC technologies under massive attention but since I don't know what happens there, mayne 30% slash will be enough to achoeve what they want at first step.
|
|
|
|
awik p
Full Member
Offline
Activity: 1526
Merit: 111
Pepemo.vip
|
|
January 22, 2019, 07:12:15 AM |
|
If a technology can provide better payment system and security which is the main issue as there is multiple hack attempt regularly going on then government will be automatically attracted towards that technology i.e blockchain.
after the smart technology, many factors were taken into consideration by the government, besides that I felt that because of their political interests they tried to reject it. but I think technology development is unavoidable, and starting to realize that there are many uses for blockchain, hopefully this will be a good start to this year |
|
|
|
raumonds
Newbie
Offline
Activity: 34
Merit: 0
|
|
January 22, 2019, 07:46:21 AM |
|
Because, first, the governments of the countries are the ones to be. It was an unknown, unpredictable sphere, which could lead to the most unpredictable consequences. I think all this time, the governments of the countries have watched what was happening and thought how to manage and cooperate with it. And now, after some time, countries are gradually beginning to work with this technology, because they see benefits in it.
|
|
|
|
|
setialovers
Member
Offline
Activity: 812
Merit: 11
|
|
January 22, 2019, 08:22:28 AM |
|
I am believe government realize that blockchain is the future. Transparancy bussiness in blockchain network will growing more bigger in the future. Its should be government take advantages and support this technology because it can safe a lot cost |
|
|
|
|
|
Muzika
|
|
January 22, 2019, 08:33:09 AM |
|
It is a good thing that there are some countries consider this technology they are looking meaning it will be the next big thing in the future let us just wait because many country will adapt this technology and there will be a good improvement soon. |
|
|
|
|
|
biskitop
|
|
January 22, 2019, 08:34:05 AM |
|
for blockchain technology, there are indeed many who support. but what we ask here is, will they also support crypto? it seems that that won't necessarily happen.
|
|
|
|
|
|
South Park
|
|
January 22, 2019, 06:57:08 PM |
|
This is good news, it does not benefit us directly but it does benefit us indirectly as this can make some projects to consider South Korea as the place from which they will want to launch their projects, it is interesting that many friendly environments to cryptocurrencies are found in Asia, it seems they understand the revolution bitcoin will bring is unstoppable and they are trying to take advantage of it instead of fighting it like some countries are doing. |
|
|
|
|
|
BUK2016
|
|
January 22, 2019, 10:12:22 PM |
|
That is a good news for South Korean citizens particularly those who are directly involve in the crypto currency related business and I want other countries of the world to emulate South Korean government . |
|
|
|
|
|
Willitivity
|
|
January 22, 2019, 10:48:32 PM |
|
That's a very great development. News like this in times like this brings a soothing relief to every crypto enthusiast. Since government of some countries are now beginning to support Blockchain technology in one way or the other, it's a good sign that the future is really promising and would be really great. Kudos to South Korea.
|
|
|
|
|
|
hxtop
|
|
January 22, 2019, 11:57:32 PM |
|
Seeing many countries in backing blockchain technology is very good because this situation has a good effect on the price of crypto currencies. While blockchain technology is widening, this technology is very important to bring many convenience to our lives as they spread.
|
|
|
|
|
|
entebah
|
|
January 23, 2019, 01:04:05 AM |
|
Seeing many countries in backing blockchain technology is very good because this situation has a good effect on the price of crypto currencies. While blockchain technology is widening, this technology is very important to bring many convenience to our lives as they spread.
Yes, hopefully there will be more support for Blockchain from various countries in the world, so that it can increase the price of Bitcoin on the market, because we know that Bitcoin is on the Blockchain network. Hopefully always successful for Bitcoin. |
|
|
|
|
wahyu wida
|
|
January 23, 2019, 02:05:04 AM |
|
Seeing many countries in backing blockchain technology is very good because this situation has a good effect on the price of crypto currencies. While blockchain technology is widening, this technology is very important to bring many convenience to our lives as they spread.
Yes, hopefully there will be more support for Blockchain from various countries in the world, so that it can increase the price of Bitcoin on the market, because we know that Bitcoin is on the Blockchain network. Hopefully always successful for Bitcoin. right, between the blockchain and bitcoin are closely related, so many consider both of them a unity. with this news will certainly make the development of bitcoin more smoothly, and it is expected that prices will increase |
|
|
|
|
Valhalaa
Copper Member
Jr. Member
Offline
Activity: 546
Merit: 1
|
|
January 23, 2019, 02:18:25 AM |
|
blockchain is now also known in many countries so from now on many countries are willing to support the technology in the blockchain. Hopefully, with this, more and more countries will follow in the footsteps of these developed countries, and can create a state order. the new one where the country has advanced with blockchain technology
|
|
|
|
|
ruthwithers1980
Member
Offline
Activity: 350
Merit: 45
|
|
January 23, 2019, 02:23:16 AM |
|
Not only South Korea but various jurisdictions including the United Kingdom. I think the main reason for this is because blockchain can be integrated with various industries such as health and education. |
|
|
|
boty
Sr. Member
Offline
Activity: 1218
Merit: 250
Axioma Holding - Axioma Pay Crypto Card
|
|
January 23, 2019, 07:14:43 AM |
|
more and more companies are starting to accept and support the blockchain technology so that it can make the price of bitcoin very expensive and can make many people use the blockchain because the more that supports it, it has become the key to be able to increase the price of bitcoin.
|
|
|
|
|
arpon11
|
|
January 23, 2019, 08:05:23 AM |
|
This is good news and we hope more news come up that will move the market upward. South Korea banning of bitcoin and icos activities in January 2018 was the major reason why bitcoin and cryptocurrencies market fall through out the year and if the same people started to slash tax for blockchain technology start up then we should hope that this 2019 is going to appreciate in future. Cryptocurrencies market is really going to be adopted in many countries in the future and blockchain technology is going to be the future of our financial system. |
|
|
|
|
sham100899
Member
Offline
Activity: 182
Merit: 14
https://bizzilions.com/?ref=sham100899
|
|
January 23, 2019, 09:00:18 AM |
|
as years goes on, many people or countries will realize the values and importance of blockchain technology in our future and also the development of our civilization. Bitcoin will rise sooner and its a shame if we couldnt even witness of it. |
|
|
|
Bezobraznike
Sr. Member
Offline
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
|
January 23, 2019, 09:14:34 AM |
|
as years goes on, many people or countries will realize the values and importance of blockchain technology in our future and also the development of our civilization. Bitcoin will rise sooner and its a shame if we couldnt even witness of it. More countries show support for Blockchain like we talked about here few years ago. Now its`s finally happening. Adoption started long ago, now it seems like it`s getting some speed. Now we can be more safe in Blockchain future. Sham100899 as years go on more people will accept crypto-currencies and we are witnesses of that process, we participate actively in that process. |
|
|
|
upsidedown75
Legendary
Offline
Activity: 1288
Merit: 1036
|
|
January 23, 2019, 05:02:08 PM |
|
Blockchain and crypto currencies are different thing in their mind. They are not entirely wrong, crypto currency can't exist without blockchain but blockchain could be used in other stuff which makes it half related to each other, crypto currencies are fully forced to use it but you can use blockchain for something that has nothing to do with crypto currencies.
It allows countries to make different reactions towards cryptocurrencies and blockchain. They can support and try to encourage blockchain because it is something that could drive economy better and allow people to have a better software product in their hand to continue innovating and improving peoples lives.
Cryptocurrency on the other hand is also getting a good amount of attention but not encouraged just taxed properly recently in many countries.
|
|
|
|
|
|
