Topic: possible government regulations? - page 8. (Read 9444 times)
for the present time i dont see any regulation or involving of the government regarding the usage of bitcoin but the time will come in the future that the government will interfere the movement of bitcoin if most of people around the world will use bitcoin they will control that and regulate and maybe they will put taxes on bitcoin transaction.
Possible maybe if they create a department that will be specific in taxing digital transactions but being virtual nowadays is being free from reality, I guess so, how will you tax a free thing.
It is possible for the government to create such law since bitcoin has value, and been used by many, its just that, the world is not uniform, we don't have a common law, so if a country create one, the others won't just adopt it, so there is a tendency that on those country who don't adopt the law on regulating bitcoin there we will see progress in bitcoin use... I think we should not wish government regulation on bitcoin...
The new government and the new president will not disregard cryptocurrency. We can only hope that the effect will be positive on Bitcoin
Do you think Trump will have an interest with the crypto currencies? I guess so since Trump is a businessman.
But if that would happen so, then Trump will command his officials to create a law for crypto's and for sure he wants that to be in tax.
So, let's go back that bitcoin should be still anonymous and government will remove their interest into it.
If that happens, our freedom with bitcoin will not be the same the outcome will ne negative for us.. we will be like a slave to follow what government will tell us and even charge us some extra fees or tax and it's really a nightmare when that happen.
be a good citizens and you will get all the advantages of it by paying some sort of taxes and anything else which is necessary
It's the reality for those people who live in the third world country that their taxes are being stolen and putted in the pocket of those corrupt gov't officials.
I guess there will changes if the government will adopt the usage of bitcoin and it won't be anonymous anymore for it is taxed by them.
But I just hope that a big country will not even try to touch bitcoin or else we will experience what we don't want to.
Possible maybe if they create a department that will be specific in taxing digital transactions but being virtual nowadays is being free from reality, I guess so, how will you tax a free thing.
Once they start "regulating" Bitcoin, they won't stop until they kill it.
government regulations are not meant to kill anything but they are designed to have the share of your returns ,so no regulations will be in place to stop bitcoin but they can impose heavy tax on it.
Once they start "regulating" Bitcoin, they won't stop until they kill it.
government regulations are not meant to kill anything but they are designed to have the share of your returns ,so no regulations will be in place to stop bitcoin but they can impose heavy tax on it.they will never afford to stop bitcoin network , and bitcoin user itself
i myself think to keep using bitcoin even there is pressure from government like a banned
bitcoin really cannot be regulated, it's decentralized.
The problem isnt the big question of being regulated, and yes how much each country will charge to regulate bitcoin, lets say they input something like 10% as the ammount you trading, lets hope and see what will happen at bitcoin over the next years.
It is possible that the government it will do so with cryptocurrency. After all, it has long understood that because of the use of Bitcoin economy suffers and does not receive part of the revenue.
Thats why a regulamentation must be fair if they get greedy they can kill bitcoin, or force us to be hiden under bitcoins, hiding our income into it, i do hope to see regulamentation at bitcoin, making it a trusted currencie and not just connected to dark marketplaces.
Once they start "regulating" Bitcoin, they won't stop until they kill it.
government regulations are not meant to kill anything but they are designed to have the share of your returns ,so no regulations will be in place to stop bitcoin but they can impose heavy tax on it. 
The new government and the new president will not disregard cryptocurrency. We can only hope that the effect will be positive on Bitcoin
Do you think Trump will have an interest with the crypto currencies? I guess so since Trump is a businessman.
But if that would happen so, then Trump will command his officials to create a law for crypto's and for sure he wants that to be in tax.
So, let's go back that bitcoin should be still anonymous and government will remove their interest into it.
If that happens, our freedom with bitcoin will not be the same the outcome will ne negative for us.. we will be like a slave to follow what government will tell us and even charge us some extra fees or tax and it's really a nightmare when that happen.
be a good citizens and you will get all the advantages of it by paying some sort of taxes and anything else which is necessary
The new government and the new president will not disregard cryptocurrency. We can only hope that the effect will be positive on Bitcoin
Do you think Trump will have an interest with the crypto currencies? I guess so since Trump is a businessman.
But if that would happen so, then Trump will command his officials to create a law for crypto's and for sure he wants that to be in tax.
So, let's go back that bitcoin should be still anonymous and government will remove their interest into it.
If that happens, our freedom with bitcoin will not be the same the outcome will ne negative for us.. we will be like a slave to follow what government will tell us and even charge us some extra fees or tax and it's really a nightmare when that happen.
be a good citizens and you will get all the advantages of it by paying some sort of taxes and anything else which is necessary
yeah that is highly possible as i think trump is, in a way, aware of how cryptocurrencies work. hopefully he doesn't do anything that would drastically change how things are done. i don't think though that it's going to be that worse even if he decides to regulate and tax bitcoin. more people would most likely be introduced to crypto and a lot more will be using it in the long run which i think would still beneficial for us users
The new government and the new president will not disregard cryptocurrency. We can only hope that the effect will be positive on Bitcoin
Do you think Trump will have an interest with the crypto currencies? I guess so since Trump is a businessman.
But if that would happen so, then Trump will command his officials to create a law for crypto's and for sure he wants that to be in tax.
So, let's go back that bitcoin should be still anonymous and government will remove their interest into it.
If that happens, our freedom with bitcoin will not be the same the outcome will ne negative for us.. we will be like a slave to follow what government will tell us and even charge us some extra fees or tax and it's really a nightmare when that happen.
be a good citizens and you will get all the advantages of it by paying some sort of taxes and anything else which is necessary
Technically speaking any income you have must be taxed by the government, what rate they will use will depend on the definition they give to bitcoin, currency, or other, the problem governments have with bitcoin is that is complete parallel system ad as such cannot be regulated as they would have liked.
Not necessarily. If Bitcoin is considered a foreign currency, then currency gains arising from foreign currency conversions may not be taxable depending on particular jurisdiction and specific details, for example, commercial vs personal use of foreign currency. In the US currency gains obtained from exchanging the US currency for non US currency and vice versa are taxable overall, while currency gains of up to $200 arising from personal transactions are tax-deductible. Anything in excess of $200 per transaction is treated as a capital gain. Though Bitcoin is not considered as a foreign currency in the US, if I'm not mistaken.
The new government and the new president will not disregard cryptocurrency. We can only hope that the effect will be positive on Bitcoin
Do you think Trump will have an interest with the crypto currencies? I guess so since Trump is a businessman.
But if that would happen so, then Trump will command his officials to create a law for crypto's and for sure he wants that to be in tax.
So, let's go back that bitcoin should be still anonymous and government will remove their interest into it.
If that happens, our freedom with bitcoin will not be the same the outcome will ne negative for us.. we will be like a slave to follow what government will tell us and even charge us some extra fees or tax and it's really a nightmare when that happen.
The new government and the new president will not disregard cryptocurrency. We can only hope that the effect will be positive on Bitcoin
Do you think Trump will have an interest with the crypto currencies? I guess so since Trump is a businessman.
But if that would happen so, then Trump will command his officials to create a law for crypto's and for sure he wants that to be in tax.
So, let's go back that bitcoin should be still anonymous and government will remove their interest into it.
In my opinion i do not like bitcoin to be under by government because i cannot enjoy the small transaction fees and also the posibility to make the price stable to limit the users profits/income.
Don't worry pal, it wont happen anytime soon that government would able to control bitcoin hence as we all know bitcoin cant be controlled by anybody because its a decentralized digital currency no matter what they do they cant impose taxes on it which means these assumptions are imposibble to happen though, if its implemented I think would really takes time because there are lots of things to consider first before this regulations would be effective.regulation =/= controlling bitcoin
of course they can not control bitcoin, bitcoin is decentralized and peer to peer. but they can control the businesses though. and also they can control the customers.
besides i don't know why everybody is so afraid or even against regulations. aren't we all paying taxes right now when we purchase stuff from a supermarket for example or pay the bills?
the only difference would be the fact that your supermarket may feel safer in accepting bitcoin if it is regulated.
The problem isnt the big question of being regulated, and yes how much each country will charge to regulate bitcoin, lets say they input something like 10% as the ammount you trading, lets hope and see what will happen at bitcoin over the next years.
It is possible that the government it will do so with cryptocurrency. After all, it has long understood that because of the use of Bitcoin economy suffers and does not receive part of the revenue.
The problem isnt the big question of being regulated, and yes how much each country will charge to regulate bitcoin, lets say they input something like 10% as the ammount you trading, lets hope and see what will happen at bitcoin over the next years.
The new government and the new president will not disregard cryptocurrency. We can only hope that the effect will be positive on Bitcoin
In my opinion i do not like bitcoin to be under by government because i cannot enjoy the small transaction fees and also the posibility to make the price stable to limit the users profits/income.
Don't worry pal, it wont happen anytime soon that government would able to control bitcoin hence as we all know bitcoin cant be controlled by anybody because its a decentralized digital currency no matter what they do they cant impose taxes on it which means these assumptions are imposibble to happen though, if its implemented I think would really takes time because there are lots of things to consider first before this regulations would be effective.regulation =/= controlling bitcoin
of course they can not control bitcoin, bitcoin is decentralized and peer to peer. but they can control the businesses though. and also they can control the customers.
besides i don't know why everybody is so afraid or even against regulations. aren't we all paying taxes right now when we purchase stuff from a supermarket for example or pay the bills?
the only difference would be the fact that your supermarket may feel safer in accepting bitcoin if it is regulated.
Almost. But there are some who will rebel from this. Maybe creating something where you can buy bitcoin without the tax. Tax evaders. Not a problem with bitcoin if it is p2p. I dont think they can trace every deal that will happen. There is an offline wallet also so they cant tax some users.
In my opinion i do not like bitcoin to be under by government because i cannot enjoy the small transaction fees and also the posibility to make the price stable to limit the users profits/income.
Don't worry pal, it wont happen anytime soon that government would able to control bitcoin hence as we all know bitcoin cant be controlled by anybody because its a decentralized digital currency no matter what they do they cant impose taxes on it which means these assumptions are imposibble to happen though, if its implemented I think would really takes time because there are lots of things to consider first before this regulations would be effective.regulation =/= controlling bitcoin
of course they can not control bitcoin, bitcoin is decentralized and peer to peer. but they can control the businesses though. and also they can control the customers.
besides i don't know why everybody is so afraid or even against regulations. aren't we all paying taxes right now when we purchase stuff from a supermarket for example or pay the bills?
the only difference would be the fact that your supermarket may feel safer in accepting bitcoin if it is regulated.
Almost. But there are some who will rebel from this. Maybe creating something where you can buy bitcoin without the tax. Tax evaders. Not a problem with bitcoin if it is p2p. I dont think they can trace every deal that will happen. There is an offline wallet also so they cant tax some users.
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