government arrangement of taxes on bitcoin, would it be considered positive?

[Rabia]

I heard people trying to say that there are positives side on it because it is somehow protected under legal boundaries...

what do you guys think?

[Dinid]

May be, yes.
If the government provides tax for cryptocurrency activities, that means indirectly the government has given permission.
Although it cannot be said to be legalized, but it means it has been given "permission" (inside a quote) (term and conditions applied)

[Dacosta]

I think one of the advantages of using crypto currency is the absence of tax in their transactions. The introduction of tax will drop the interest of some people

[altcoingamer]

I think one of the advantages of using cryptocurrency is the absence of tax in their transactions. The introduction of tax will drop the interest of some people

Its a double edged sword really.. you lose some of the initial interest of people who are libertarians looking for bitcoin to fix the problems with governments and money but you gain more support from people with large amounts of money that require the legal instruments in place to invest.. if you're looking for more money to enter the space, you'd probably value the latter and if you're looking for the small wild west, probably the first.

[bagas79]

If in my opinion, government tax regulations on bitcoin have led to pros and cons. Because now in a number of countries many are discussing and intending to make regulations about taxes on Bitcoin and that has caused a lot of dissent.
The positive side is that the existence of Bitcoin is legal, but the downside may be
for traders who are slumping when Bitcoin is taxed.

[Black ID]

I think this is positive news if the government regulates taxes on bitcoin. Indirectly, they have accepted the existence of bitcoin. Although they don't explicitly accept bitcoin, this is half of their acceptance of bitcoin. So, I'm very happy if this is true.

[Iconic]

If there is already an arrangement for the tax on Bitcoin, it means that the Government has recognized the existence of Bitcoin. For me it's good because Bitcoin will be protected by law in that country, and Bitcoin users in that country are safer and more comfortable. If the Negative side is that our income in Bitcoin will be deducted, and I know, many people do not like their money to be cut for tax costs.

[Jetski]

I heard people trying to say that there are positives side on it because it is somehow protected under legal boundaries...

what do you guys think?

I think if the government will imposed taxes on bitcoin and other crypto currency it's not good to investors because there are lots of charges on transactions.

[UNIVERSE]

If the government applies taxes on bitcoin, this means the government has accepted the existence of bitcoin. At least if this happens, some people fear that sites linked to bitcoin will be blocked by the government, will feel safe.

[capt ronald]

This is a really good for investors because once the government legalize crypto currency investment i believe the government also find it's way to help investors to earn.

[Delgado]

The government's imposition of taxes on profits from bitcoins and other cryptocurrencies is clearly a positive factor. This means that at the same time the state recognized and legalized bitcoin, established the rules for its circulation in society, as well as judicial and other state protection. Only under such circumstances will the liquidity and infrastructure of the cryptocurrency grow.

[Altcoin1998$]

I heard people trying to say that there are positives side on it because it is somehow protected under legal boundaries...

what do you guys think?

I think if government should provide taxes on online virtual cryptocurrencies ,it would be positive impact on cryptocurrencies. All projects should have government support and investors easily get security from Bank and government.

[sky20]

If government arrange of taxes on Bitcoin I think it would be great news for Crypto space. I am very positive regarding this issue.

[Ten Ryuu]

Government imposing taxes on Bitcoin means a country's adoption of Bitcoin.  It can be considered positive because with taxation comes regulation.  With regulations, scam or fraudulent crypto activities will be lessen.  Aside from that, it is actually the duty of every citizen to pay taxes on whatever profit  it gain,may it be in traditional business or cryptocurrency trades.  Aside from that, assuming the government is not corrupt, taxes from cryptocurrency can be an additional help to the government in establishing the economy of the country.

[Nboramir]

I think it is against the logic of bitcoin and crypto currencies to be taxed by governments. Privacy will disappear completely and over time it will not be much different from banks and local currencies.