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RE: Regulations are coming, and that's a good thing!

in #bitcoin7 years ago (edited)

It’s sucks that everything needs to be taxed, even when the people wanting to tax crypto say that it is a bubble and not something worth investing in. Like if you dont accept it as an investment, why are you taxing the gains on it. If you aren’t accepting that is is a currency, why would it factor into our net income and tax bracket?

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Invest in cryptos, wait a couple years, change to a country that doesn´t tax crypto investments ( u will need to live there for 1 year) = profit

Ps - i dont know if this is legal xD but hey, if it is, fu## the system

Moving countries is hard, but not impossible. Also, i dont want to move somewhere that the currency is inflated and all that. Hopefully countries stop trying to regulate something that works best when left alone

" Hopefully countries stop trying to regulate something that works best when left alone" That's everything they do man