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Topic: Government Furious - page 2. (Read 1773 times)

full member
Activity: 1232
Merit: 143
July 10, 2018, 12:21:03 PM
The government has always been able to survive extorting the population and now that this system is changing the government will try at all costs to get in this way to get its share. I hope it continues for a long time, because no one in the world is forced to give their money to unknown people and that most of the time they enjoy it for their own benefit.
full member
Activity: 378
Merit: 100
July 10, 2018, 12:14:20 PM
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 furious at least, and technology. I believe that they are respectable in this era of cryptocurrency and especially bitcoin, I believe that bitcoin will fall to invest it is not sure if you are respectable. I even though it is the future of cryptocurrency and technology in the future, and technology
full member
Activity: 406
Merit: 100
July 10, 2018, 10:02:28 AM
If a government in a country feels angry might create a new regulation on taxes including appropriate measures to keep the merchants in the of earning an income because the existence of bitcoin can actually have a positive impact on one's life, especially in the economic system.
newbie
Activity: 70
Merit: 0
July 10, 2018, 09:36:45 AM
The government is always furious with the transactions that takes place since no fund or revenue is received by the government.Hence they try to put a halt to bitcoin transaction.
full member
Activity: 490
Merit: 100
July 10, 2018, 09:27:26 AM
until now  government won't to penetrate the system o crypto if they going to legalize the btc they do it to gain something 
but its better to collect tax in a bitcoi earner than to provoke the government  and make them realized that btc is no benefits in the economic if they do they just banned it in a whole country making the btc price fall
yes they can't take something from this crypto transaction, they can't even have any tax regulation about bitcoin or other decentralized cryptocurrency
member
Activity: 182
Merit: 11
CryptoTalk.Org - Get Paid for every Post!
July 10, 2018, 03:06:15 AM
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?

Mostly corrupt and greedy governments would be more interested in crypto for tax and revenue purposes. This is a detrimental way of thinking because instead of focusing on actual innovation and the good the technology can actually bring, citizens are instead left behind by progressive countries.

I would like to think that government should first let crypto realize its true potential and actually help humankind first. Taxation and revenue can come after.
member
Activity: 256
Merit: 10
July 10, 2018, 02:56:15 AM
Sometimes I do not understand why government is angry with bitcoin and to all crypto currencies. Cryptos specially bitcoin are helping the the needs of every individual who involved himself in it. If they really care for people's need they will give time to study how crypto currency is important and can help the economy. The only problem why it becomes threat is because they declare it as illegal and by this the scam are growing because of lack of regulation.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
July 10, 2018, 02:49:48 AM
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 dont get taxes because they do not want to regulate bitcoin trade. If bitcoin trade regulated, I am believe bitcoin investor fine with taxes and feel more confidence to investing more money

We have different opinion on this issue, one, Government want to regulate Bitcoin or crypto digital transaction, almost all of the government financial institution is looking into the possible Regulation on Bitcoin transaction, they started with the Banned, then developing own Blockchain by the different business corporation which eventually launched as their own. Yes, almost all government or the countries that Bitcoin is visible are looking into the Bitcoin transaction. They are amazed how Billion of transaction are happening thru digital transaction, that's why they are very much interested on the said transaction.
newbie
Activity: 76
Merit: 0
July 10, 2018, 02:11:40 AM
I don't the US governments cares all that much about cryptos, so long as you pay your taxes on any of your earnings.
full member
Activity: 322
Merit: 100
July 10, 2018, 01:28:21 AM
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?
Future of the government to invest in cryptocurrency is really amazing. Cause we have to think of cryptocurrency and especially the future, and technology in this era. I even the e eh, I support cryptocurrency not capitalism and it you are actually being a new study, and technology in your own home,
hero member
Activity: 1022
Merit: 511
July 10, 2018, 01:19:29 AM
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.
full member
Activity: 280
Merit: 100
The Future Of Work
July 07, 2018, 06:06:07 AM
I think if we would have developed some kind of united law and regulations system, it would be some much easier for us. Lets say, if some country decide to accept crypto - they will have a pack of rules to accept along with them, and taxes also.
newbie
Activity: 147
Merit: 0
July 06, 2018, 04:46:05 AM
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?

Should taxes apply to users who do bitcoin transactions?
I do NOT think. the government has too much tax

When do users feel comfortable with this situation? what is the proper regulation to address this issue to help each country improve its economy?

for users to feel comfortable, the government must support crypto and not levy taxes on crypto transactions someday. crypto must be legalized.
member
Activity: 756
Merit: 12
July 06, 2018, 04:40:15 AM
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?

If government want to collect taxes from cryptocurrency trades, I think government should issuing regulation first. Its really comfortable if government collecting taxes from crypto trades because thats mean cryptocurrency is not illegal anymore
newbie
Activity: 79
Merit: 0
July 06, 2018, 02:50:22 AM
The tax authorities in some countries and regions have classified BTC and other cryptocurrencies as “assets” and imposed taxes on them!
In the future, the government will effectively manage and supervise the cryptocurrency, and taxation on cryptocurrency will become a normal state!

This is their goal, but it's impossible to control cryptocurrencies!
That's why Satoshi made BTC, to hide our assets from banks and governments.
full member
Activity: 308
Merit: 100
July 06, 2018, 02:46:27 AM
Yes it’s true that no government can earn revenue from Bitcoin transactions. I have read about Russia starting up some Bitcoin mining farm to mine Bitcoins. If governments can’t earn revenues from Bitcoin, maybe mining Bitcoin is the best move to take, cause they can be able to earn from the fees that are being paid to miners. So there is no need to be getting furious over Bitcoin or whatsoever. They should just start mining and help the Bitcoin community lol.

I agree about governments, they can only create mining Farm nothing more. They can't take benefit for themselves, only for the country in whole.
member
Activity: 840
Merit: 10
July 04, 2018, 07:42:16 AM
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 is furious because they are getting their own capital or funds from the banks and people are preferring to use cryptocurrency more than fiat so definitely, their funds will be decreasing due to cryptocurrency growth.

We knew that banks always lobbying on government about regulation. Government and central banks afraid on cryptocurrency because they can not control crypto supply and they can lose control on money supply.
Government should takes benefits from cryptocurrency by collecting taxes from crypto trades. If cryptocurrency market growing bigger, government can have a large taxes too and i think its mutual benefits
full member
Activity: 448
Merit: 100
Lets Go Adab
July 04, 2018, 06:33:04 AM
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 is furious because they are getting their own capital or funds from the banks and people are preferring to use cryptocurrency more than fiat so definitely, their funds will be decreasing due to cryptocurrency growth.
full member
Activity: 308
Merit: 100
July 04, 2018, 06:20:19 AM
Do the government can not make a regulation to impose the collection of tax to cryptocurrency as billions of dollars passes everyday to the users and investors who transact that huge money then it should apply to the users who do bitcoin transaction.but  I don't think that a lot of people (if not all) will probably be not that comfortable in having crypto's be centralized or regulated.

It will not be convenient for people, but if money is invested transparently to the state, people will see in this bright future with a future for future generations.
full member
Activity: 350
Merit: 100
July 01, 2018, 09:30:02 AM
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 officials and technology. I even its own right, the market to invest it you are respectable. The real problem is a new way to keep your. Cause I support cryptocurrency and the right now is not capitalism. The only one who has worked in your own site, but we have been working
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