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RE: Does anyone here have a clue how TO PAY TAXES FROM EARNINGS on STEEMIT?

in #steemit6 years ago

Hello @crypto.piotr i feel really honored to have you look into my post and make a post related to my point of view.

Well since you seem interested in what i have in mind, getting the government out of the way in our transaction is the main reason for the block chain technology in the first place. If the government get in the way with this one i dont think we should be scared at all large or small income earners this is cos its decentralised.

Lets assume i earned $20k from which ever way be it steemit or as dirty as drug sales (which i am not thinking or anyway) no government can trace who really earned that fee not to talk of getting me punished for tax evasion.

BTC has been facing similar issues but in their case miners have to be paid to confirm transaction (this is were we get taxed using BTC)

As for the freelancers or shoppers having confidence in making payment, every store who wants to get into this will be ready to be decentralised too and also have a good escrow system to handle transactions.

Once again i feel honored and i an really grateful.

Thanks
Regards @richardgerald

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hi @richardgerald

thank you for such a valuable comment. And for resteeming my post :)

Im wondering if any goverment will be even able to control entire traffic and payments done via blockchain.

Thx for sharing. I hope to see more of your content related to crypto and blockchain :)

Yours,
Piotr

I will always create time to share my idea on steemit.

Regards
@richardgerald

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