Author: Neil Fincham 2013-09-29 02:28:26
Published on: 2013-09-29T02:28:26+00:00
On a Bitcoin development mailing list, a subscriber named Neil requested that discussions should be focused only on bitcoin development and not philosophy or tax evasion. In response to another subscriber's concerns about the regulatory environment and taxation, some argued that bitcoin is just 'another currency' and should be accounted for the same way as other currencies. Others suggested voluntary donations to government for bitcoin service providers, which led to a discussion on the effectiveness of such donations and general dissatisfaction with how tax money is spent. One participant proposed donating to specific causes instead of paying taxes, but others pointed out that this is already possible with post-tax profits. The conversation highlighted the complexity and controversy surrounding taxation and government spending.
Updated on: 2023-06-07T17:04:48.050329+00:00