Topic: Why we should rely on bitcoin, if government regularize it ? - page 2. (Read 433 times)
In the case of the regulation of the country's crypto currency, it approves not every transaction with bitcoin or other crypto currency, but only once recognizes it as a means of payment. The state after that follows not the movement of the crypto currency as such, but it is in its interests to pay taxes by citizens and legal entities of the profit tax on operations with crypto currency. Other operations, or the fact of the movement of the crypto currency, the state in this case should not be interested and this data can and should remain hidden from the state.
I am not completely sure about the way we are using bitcoin right now. If we eventually need governments approval to buy/sell bitcoin, isn't it means that bitcoin is not completely independent ? Then why should we rely on it ?
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