It’s good to pay tax, despite that most of us are living in countries where the government are not doing what they are supposed to be doing for the citizens and for the country. But as for Bitcoin and other cryptocurrencies, I don’t think anyone of us here would support the idea of paying tax to the government just for making use of Bitcoin.
People that usually bring up these idea of paying tax are just stupid and creepy government workers. Makes no sense to me, we shouldn’t pay tax for Bitcoin, the one we are paying in our countries are already enough, we can’t be paying double tax.
What is being paid when it comes to tax totally depends on each country and how lenient they are when it comes to tax. It is not like tax is not already compulsory in most places, so rather than users reducing as a result of tax they have to pay on bitcoin, they will rather see the need for the value nonetheless. This is applicable as well to converting to fiat anyway as capital gain tax, but whichever way, the only thing that is going to aid the growth more is for government to be lenient with taxing the crypto space.
Personally I am ready to pay tax for the money I do get from cryptos and definitely not for all my crypto value. I believe no once could come to know how much I am saving in cryptos. Hence, I guess I may move on as per I prefer among any government regulations against cryptos along with taxation on cryptos.