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RE: Elliot wave theroy

in #crypto-news7 years ago (edited)

Could that logic be applied to Bitcoin and other crypto as well you think? Bitcoin is not in norway...or anywhere else for that matter..

I think you make a very good argument. Is Steem any less convertible than Bitcoin? Both can be converted in Fiat. Steem - bitcoin - fiat.

We have to pay tax on ALL trades. If we trade steem for bitcoin - with a profit, we have to pay tax on that particular trade. So imagine all the transactions I have between SBD and STEEM..ICO's..bitcoin to steem, steem to eth..erc20 tokens..bla bla..It will take me years to find the documentation..

Thing is, they consider it securities. If I trade foreign stocks I have to pay taxes to Norway if I profit. Same with crypto currencies. Thats just how they define them here. They are taxed exactly the same way stocks and securities are. Steemit is considered a security not a job I think. Or actually..they probably have no clue what Steemit is. So who knows.

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My long experience with the country where not a single man is obeying (all the) rules.

Something is illegal until large number of people is doing that illegal thing.
After that critical point, not a single government will impose the law - because it can't.