Taxes on Bitcoins: Unreasonable or essential?



  • What do guys think ?
    Should the government place taxes on Bitcoins or should they let it be? Since they are not helping cryptocurrencies in any way, I do think they should stop making profits out of people. A reasonable tax percentage should be applied ofcourse, but it does not give them the right to label the cryptocurrencies as free money . They should understand that it's a serious issue and if some money is coming from cryptocurrencies, they should at least use 1% of it to educate people about cryptocurrencies.

    How much is the taxation on Bitcoins in your country ? Is it reasonable or government is just trying to make profit out of it ?



  • Taxes on bitcoin? That's totally uncalled for; bitcoin will lose the whole essence of decentralization if we go down that road


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