You are viewing a single comment's thread from:
RE: How to explain the boom of cryptocurrencies? - Ethereum VS Bitcoin
@fapfap This is early days too. Most people are still highly skeptical about all types of cryptocurrencies. My concern for now is that money launderers and financial fraud carried out by hackers etc will get it banned or restricted. I know in New Zealand, our Inland Revenue Department is still very vague on tax laws around cryptocurrencies. When governments become more clear on where they stand, I think people will be more willing to accept them and they will boom like never before.
I totally agree with you. We also have the same issue here in Switzerland. The government still don't have a clear law about tax on cryptocurrencies gain. Let's wait some years, and see what happens..
Absolutely. Good article too :)