The society can not accept you and simply destroy you. Them will be without a difference. No rules, no law. Suddenly it would be a squad of suicides. It is better to live and pay the state than to provide it where you can be destroyed so easily.

No, actually the income tax is the life blood of the government they cannot easily eliminate this process because this is the sources of funds of the government to support local government projects in their country

as for the moment, yes, but government are looking ways to put some transactions with in regard to bitcoin so don't you worry, Tax will come to us, but I wish it will take more years...haha

Bitcoin is not a big danger for governments. If it is danger then why countries like developing countries stop using bitcoin. Countries like Japan , UK and USA using bitcoin. Bitcoin is not a danger but it can give breath to any country economy. Rather to destroyed them. Yes in future I don’t think so that bitcoin will kill income tax. But it can minimize them. State run on income tax.

With every facility there comes new rules and regulations, so if the government will start adopting the bitcoin, then the governments will also introduce the systems by which they do not let the people to flew away from the tax net. Moreover, the there are already proposed systems in which people have to pay for the taxes on the transactions done for the purchasing systems. So the better statement would be that “Bitcoin will kill the present system of income tax”

For me, yes bitcoin can slaughter the pay impose. Be that as it may, this time some nation says they will put some weight on bitcoin. Yet, despite everything I trust that bitcoin can slaughter the pay assess in light of the fact that that is the fundamental point of bitcoin, that administration can't control them. We as a whole realize that bitcoin can execute some computerized money namelessly and gain a lot of cash in a wide range of ways. I'm trusting that later on bitcoin will execute the salary assess in each state.

Completely being dependent on bitcoin will too arise the problems since banking system will disappear.
Transactions details won't be that open the way they are right now.
And thereby govt. wont be able to impose taxes on people.

Mathematical algorithms, typically Bitcoin, are becoming more and more popular. With a value increase of 600% in 2017, Bitcoin trading is considered to be profitable. However, legal failures with these types of money are still being tried by governments in new regulations, particularly in taxation.If the bitcoin transaction does not collect taxes, this can have a lot of impact on income tax, it may kill the income tax.

Yeah bitcoin cannot go on forever without being taxed at some point, isn't that what regulation is all about? That
I believe is one thing the governments wants to imply. Taxes are considerably and essentially important to the
government and nation, they claim to have diverse plans that need funding for the state and it's citizens. It's
certainly nice having bitcoins currently without taxes, it maximizes our profits. But when the time comes, when
regulations are imposed, taxes are gonna be a part of that. It may be good or bad, but that depends on the people,
having taxes will allow cryptocurrency to operate and continue.

The Ministry of Finance provided an explanation on the payment of personal income tax (Personal Income Tax) for transactions with bitcoins. In response to a private request sent to the Ministry, the Tax and Customs Policy Department specified that the special procedure for taxing incomes in transactions with bitcoins is not established by the chapter "Individual income tax" of the Tax Code, but general provisions for the payment of personal income tax apply to them.
Individuals who receive remuneration on the basis of concluded civil-law contracts must independently calculate the amount of tax payable to the relevant budget and submit a corresponding declaration to the tax authority at their place of registration, the Finance Ministry notes.