You are viewing a single comment's thread from:

RE: Crypto Current Affairs—South Korea Drafting Bills to Legalise Bitcoin & Ethereum!

in #bitcoin7 years ago

Its' going to be interesting to see how these countries handle taxes on Crypto. One of the features of Crypto I love is not being controlled by a government, can't be frozen or seized but for this to become more main stream taxes will have to be addressed. I believe in paying taxes but I hate being taxed again and again on the same money.

As I'm getting a bit older now, I am putting money aside every week into crypto more as a retirement plan. The real question is how will this be taxed in 20 years when I will need to start pulling money out to live on?

Sort:  

Who knows, the government will do all it can within it's powers to tax every aspect of our lives. :(