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RE: Crypto Current Affairs—Trading Steem on LiveCoin.net + Government Of India—To Ban Bitcoin Or Not?

in #bitcoin7 years ago

@firepower..Ugh..I just can't get behind the taxation of cryptocurrency! Seems to defeat to purpose of the platform. What about representation AND government backing such as FDIC? We keep hearing that regulators have their hands out, but what are they offering in exchange for a piece of the pie? Gah!! Crazymaking.

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I know! I wish the Governments didnt tax but i suppose there is no other way to ensure protection of everyone using this space and that means governments have an opportunity to tax!

SIgh. It might seem so. But we can try to delay it!