Its really very saddening that most countries are looking at the option of taxing crypto but have not come up with viable and simple methods of how they are going to do it. Its not in Australia but countries like Uganda my home country are looking at various ways of how they can tax crypto. Thank you for the deep discussion about crypto and its taxation.
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Agreed, but it is currency, an asset, and so is always going to be taxed; certainly here in Australia. You know, if I buy a watch then sell it for a profit the profit is taxed. It's the same for a car, shares, gold and silver...Its all taxed...Unless one wants to break the law and circumvent it. So, crypto is taxed in various ways to ensure the government get their piece of the pie...As always.