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RE: The Government Is Coming For Your Bitcoin

in #bitcoin7 years ago

This is just the beginning, Bitcoin is popular but with a small number of people. It is necessary to throw paper money out of use, until that moment a hymn about decentralization, money in the hands of the people, etc. is being sung. Like the Coin Base, as well as all other sites, stock exchanges will eventually have to register people's property, number of truncations, etc. The law is passed, people are scared as you cited the example of Wesley Snips for tax evasion, and that's the whole story. Now we need to be smart, to concentrate on the investment while Bitcoi is rising steadily, and then we are smart to invest. In the extreme case, if I invest $ 100,000 and earn $ 10 million, a tax of 10-20% is not terrible. Thanks for useful information @zer0hedge