So now we know who is Satoshi, correct
Cheers
you mean Benson Samuel? lol. Bangalore-based Bitcoin evangelist, says those who use the digital currency are honest taxpayers
Well, when I was helping setup Indiabitcoin.com, the biggest challenge that we had was to convince people to use Bitcoin as it is.
About 8-10 + businesses said that they will not move ahead with BTC without proper auth and tax paying capabilities.
If the Indian government defines some better outlines for Bitcoin, I am sure that taxation will fall into place.
Currently, I am aware that BTC - BTC is an untaxable/ unregulated affair.
Converting to FIAT is where there are questions raised and that income has to be declared.
(After extensive legal counsel and research.)
