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RE: Cryptocurrency is almost virtually impossible to track |How will organisations implement taxation on it|

in #cryptocurrency7 years ago

Interesting stuff. I recently came across an article about Arizona allowing annual taxes to be paid with bitcoin.

https://steemit.com/bitcoin/@zumi-relix/pay-taxes-with-btc

I think as crypto users, we should go ahead and cooperate with government on taxes. If we do it on our own, that lowers their incentive to try to regulate it and possibly make it worse for us.