Topic: Government Furious (Read 1769 times)
The government will also choose to resist or pay attention to the development of the blockchain. After all, the blockchain technology is the development direction.
I think it is not fair to impose a tax on something that is not real. Taxation is the stifling of the creation, monitoring, and reporting of all transactions that may prevent investors from making further investments in ICOs or upcoming currencies. This could limit the amount of funding available for cryptocurrencies and blockchain technology, as well as strangling an industry that seems to be the future backbone of the world economy.
To improve the economy of a country, the government must take the right steps, especially catching up with the times. A country that does not have technology updates, will not develop. Talking about Bitcoin, the authorities are eager to manage Bitcoin, that can not be denied.
The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
Bitcoin is a hidden transaction without taxes and let me ask ,How they can trace the people to convince to pay their taxes.I dont know how.I think this is comfortable to use because you have no hassle in paying bills or sending money to some people.It is created to be use by the people who has a lot of works or busy and no have time to waste their precious time also it is used to earn more without taxes or it is used alternative in your work to earn for the future.
The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
That’s because they are not supposed to be getting tax from it. The government has nothing to do with Bitcoin and its none of their business. I don’t know if your have read about Bitcoin to know about it. Bitcoin gives you freedom from government and bank when it comes to saving your money. In Bitcoin you’re completely in charge of your money and have yourself to blame if anything happens to your money. But in banks, if your gets lost you can blame the bank. So when the government are not the ones safeguarding your money, they have no right to charge you tax.
Bitcoin gives you freedom from government and banks when saving your money.
But in the bank, if you lose you can blame the bank.
So, when the government is not protecting your money, they do not have the right to tax you.
So really consider before investing.
I think the government has an important role when it comes to setting bitcoin taxes because with the existence of the regulation one does not become worried if want to continue to invest in crypto and state also progressively progressed rapidly later.
The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
Government in my opinion is used to control everything around and bitcoin and cryptocurrency means that it would be self-regulated and unable to control, it is one of the main reason.
I think that it is obvious that government is against the btc and coins but to my mind the situation will change soon. and everything will be fine. I think that the market will have changes soon
If they don't want this thing happen, just find another way like send their employee to build team inside of it. That is not a bad idea at all so right? hahaha. Putting a tax is not good idea for me because it can affect the transaction fee of every user. Right now, we are currently enjoy the rules and regulation of it but someday government will stop that I believe.
I see the government greedy. There are several ways of taxing citizens. Direct and indirect taxes exist in each country. Owners of cryptography may not pay a direct tax on their cryptography, but will not be able to evade indirect taxes. Again, this is a small part of the population that is in crippling currency. Therefore, the agitation of the government from my point of view is unfounded.
because the government is trying to attract as much tax and the results for equitable development in the country. I think it's a good thing if the government does that, because not all citizens are rich
The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
That’s because they are not supposed to be getting tax from it. The government has nothing to do with Bitcoin and its none of their business. I don’t know if your have read about Bitcoin to know about it. Bitcoin gives you freedom from government and bank when it comes to saving your money. In Bitcoin you’re completely in charge of your money and have yourself to blame if anything happens to your money. But in banks, if your gets lost you can blame the bank. So when the government are not the ones safeguarding your money, they have no right to charge you tax.
The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
Bitcoin is a hidden transaction without taxes and let me ask ,How they can trace the people to convince to pay their taxes.I dont know how.I think this is comfortable to use because you have no hassle in paying bills or sending money to some people.It is created to be use by the people who has a lot of works or busy and no have time to waste their precious time also it is used to earn more without taxes or it is used alternative in your work to earn for the future.
The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
Whether furious or not furious is all their business and nobody cares. Bitcoin is open and anyone is allowed to make use of it and the government cannot stop anyone from making use of it except those that are citizens and no particular government can charge tax from bitcoin users, although they can possibly find a way to charge users that are located in their tax, but that will be a very difficult thing to do cause many people will still find a way round it. In fact this is not something that has to do with government, they should mind their work in making their country a better and peaceful place to live and not worrying about bitcoin.
naturally the government is furious with bitcoin, because they think bitcoin is a barrier and can threaten their paper money or state money. And bitcoin also can not be set by it, maybe with all this the government growled with bitcoin.
as for problems that make the government angry from various problems from anywhere such as from politics and corruption
I think that with proper regulation, the number of frauds in the crypto-currency market should be reduced. On the other hand, the volatility, and hence the potential income, will decrease.
I think this is the main reason why some governments are already making regulations about Bitcoin. They are implementing regulations that will impose the taxation on Bitcoin transactions. They are making sure that the success of Bitcoin would already benefit and help get taxes for the good of the nation and its people and not just certain number of businessmen who are into Bitcoin.
I see the government greedy. There are several ways of taxing citizens. Direct and indirect taxes exist in each country. Owners of cryptography may not pay a direct tax on their cryptography, but will not be able to evade indirect taxes. Again, this is a small part of the population that is in crippling currency. Therefore, the agitation of the government from my point of view is unfounded.
because the government is trying to attract as much tax and the results for equitable development in the country. I think it's a good thing if the government does that, because not all citizens are rich
I think if the state thinks that way, suppose that bitcoin is a threat to their economy, then it is wrong and wrong thinking. The government should be able to create opportunities from bitcoin, that bitcoin is very high value and the people of its economy are helped. If the government can see the opportunity, then the government may impose a tax on bitcoin but not on a one-sided policy but make a collective agreement; between bitcoin and government. Not harming and only one party. If bitcoin is directly subject to a confirmatory tana tax, it is not impossible to make bitcoin to leave the country and those who use it will feel lost, so their economies will again weaken.
I see the government greedy. There are several ways of taxing citizens. Direct and indirect taxes exist in each country. Owners of cryptography may not pay a direct tax on their cryptography, but will not be able to evade indirect taxes. Again, this is a small part of the population that is in crippling currency. Therefore, the agitation of the government from my point of view is unfounded.
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