The Case for Taxing Proof-of-Work

2022-2-26 18:34

Most bitcoiner owners aren't cypherpunks and don't require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives.

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Japan Looks to Ease Tax Reporting of Cryptocurrency Gains and Profits

To establish a seamless tax reporting mechanism for cryptocurrency gains in Japan, the Japanese Tax Commission held a debate on October 17, 2018, per a report by the local media outlet Sankei News. Standardization of Tax Filing Process According to the report published, the Japanese Tax Commission is contemplating ways by which gains or profits on cryptocurrency trading can be.

2018-10-20 22:00