UK 10yr plan for BTC - page 3. | Bitcointalksearch.org

Steigerz

newbie

Activity: 28

Merit: 0

Quote from: oceans on August 08, 2014, 06:11:16 AM

Absolutely unreal that the UK Government is trying everything they can to find a way to tax bitcoin. It's never about the public when it comes to the UK Government it's always about them and how they can cash in. Unreal.

Looking at the collective i don't think its just the UK. If the Euro Union gets it way we will most likely see Bitcoin and other digital currencies outlawed.

Bitcoin will evolve and eventually surpass any regulation these thieves impose.

oceans

sr. member

Activity: 406

Merit: 250

Absolutely unreal that the UK Government is trying everything they can to find a way to tax bitcoin. It's never about the public when it comes to the UK Government it's always about them and how they can cash in. Unreal.

Steigerz

newbie

Activity: 28

Merit: 0

Wow yet another way to screw over the hardworking people of the world.

Maybe if our Governments managed our taxes more effectively we would have issues like this Undecided

jaberwock

legendary

Activity: 2660

Merit: 1074

government saying cryptos need to be regulated = we need new source of taxes because we are running out of money.

It is the main reason for many regulated markets we have.

Cranky4u

hero member

Activity: 810

Merit: 1000

UK planning how to handle BTC integration into their economy...my 2 bobs worth is they just want to figure out how to tax BTC so they can get their cut.

http://www.theregister.co.uk/2014/08/07/uk_government_to_assess_whether_virtual_currencies_should_be_regulated/

'I want to see whether we can make more use of them for the benefit of the UK economy and British consumers' from the UK article really means 'how can UK tax BTC'

Topic: UK 10yr plan for BTC - page 3. (Read 3013 times)