Newslink: Can the Fed Kill Bitcoin? Navigating the Chokepoints of Tax Law and KYC

in #nweslink • 5 years ago

Taxes. The one word that can kill any buzz in seconds flat. Whether you’re a libertarian ranting about how taxation is theft or one of those fabled creatures who is actually happy to file them as their so-called civic duty, one fact remains: those who don’t give the government a bite — or make mistakes in attempting to do so — can get chomped, and hard. Ominous tax laws and ever-increasing state requirements for exchanges have some wondering if these maladies could stall the Bitcoin revolution.

https://news.bitcoin.com/can-the-fed-kill-bitcoin-navigating-the-chokepoints-of-tax-law-and-kyc/

#bitcoin #cryptocurrency #tax #regulation
5 years ago in #nweslink by
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