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RE: India Loves Their Cashless Society, But Hates Bitcoin! - Here's Why

in #news7 years ago

Thank You for sharing this information. I had no idea India was anti-bitcoin. I knew they were mostly digital and figured they were bitcoin supporters. India's finance minister Arun Jaitley cracking down on Bitcoin, wanting taxes is ridiculous! Why should government benefit from my personal labor and vision to invest in cryptocurrency? In the United States the IRS deems Bitcoin as property, and as property, it can not be taxed until sold and converted into US Dollars.