I have a mixed feeling of this: so sad that decentralized currency is taxed by centralized government; but also happy that it's a step towards expanding usage.
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I have a mixed feeling of this: so sad that decentralized currency is taxed by centralized government; but also happy that it's a step towards expanding usage.
Governments tax absolutely everything and almost every action except breathing (coming soon), but you are right, it is disgusting they are taxing something that hate and don't understand that was created to counter gov's and central banks horrible and failing policies of tapeworm economics.
I would like to suggest that if they are so keen on taxing crypto-assets then let us pay our taxes in crypto, by taxing it they are legitimising it and we should then be able to see on the Blockchain just where our tax-cryptos are going? I wonder if they would mind that?
hahaha I laughed at "everything except breathing (coming soon)." In my head I added "to a theatre near you" haha
I agree, taxes mean government has everslightly more control over something, which is what everybody in the crypto world should be afraid of.
I agree, but I feel like regulation and taxation is necessary for us to continue especially because of recent market performance and ongoing FUD. The decentralization revolution will need to be put on hold.
I feel the same way. I'm also sad that doing crypto taxes is complicated for me and gives me nightmares lol.