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Bitcoin Forum / Re: Is Bitcoin legal?
« on: May 26, 2024, 05:06:47 PM »Of course there are positive and negative sessionsIts bad side when bitcoin have been acceptable we must paying taxes for all transaction kinds of cryptocurrency, we are from Indonesia must pay taxes when buying and selling coins its bad way because getting profit or loss we must pay taxes for every transaction.
Now many countries have begun to accept the presence of Bitcoin, such as in my country Indonesia, Bitcoin is legal with applicable terms and conditions made by the government.
The taxes issued by the market also seem to be not small, even though the taxes from the crypto market are expensive but the market still complies with government regulations with the aim of providing maximum facilities for its users.
For trading need to earn above 3% minimum profitable to recover taxes have to paid or under 1% profitable is not enough for paying taxes transaction, in my opinion better bitcoin not get regulation and we don't have to pay taxes for every transaction or government make exceptional with more lower taxes have to pay.