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RE: Witnessing The Evolution Of Currency, Are You Ready For The Ride? - Blockchain Coffee “Tax”
Nice free write here and it's certainly an interesting time to be involved with it all. I suspect they will find a way to "regulate" it all so they can keep in control. Or make their own currency and force it upon the people to use, whilst keeping a massive share of the tokens for themselves.
Be interesting to see in 10 years time how this all pans out.
I’m honestly thinking this development will break the grey areas 😅 hard to see how they could regulate other than making it illegal or complete adoption so tax will just be paid at the till like everything else!
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Well they will want to collect tax which is what happens in the UK when you convert any crypto to GBP. You pay capital gains I think but not 100% sure as I've not done it yet!
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