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Do You Think Bitcoin Is a Good Investment?
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[QUOTE="Suba, post: 279945, member: 3658"] Nowadays many countries consider Bitcoin to be a commodity, so it is taxed, through crypto exchanges, so when selling or buying Bitcoin and Altcoins it will be taxed. As with PayPal, taxes are also imposed when transacting cryptocurrencies. In my opinion, even though Bitcoin is a legal medium of exchange, if we buy goods using Bitcoin we will lose because in addition to being taxed, we will also lose capital gains. So I think Bitcoin will be better as a commodity traded in the crypto market and if it is used as an investment it will take us a long time to get capital gains. [/QUOTE]
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