Do you need to pay tax on the money you get from buying bitcoin

1. Yes, at present, there is no or very little handling charge for bitcoin payment. You can download bittok coin extension app to have a detailed understanding. There are quite a lot of users at present.

2. In our country, it is forbidden to open Bitian mine< The central information office of the people's Bank of China, the Ministry of instry and information technology, the State Administration for Instry and commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission
notice on preventing the risks of token issuance and financing In essence, the so-called "virtual currency" such as ether currency is a kind of unauthorized illegal public financing behavior, which is suspected of illegal selling token tickets, illegal issuing securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities. Relevant departments will closely monitor relevant developments, strengthen cooperation with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely deal with market chaos. If suspected crimes are found, they will be transferred to judicial organs

the token or "virtual currency" used in token issuance financing is not issued by the monetary authority, has no monetary attributes such as legal compensation and compulsion, does not have the same legal status as currency, and cannot and should not be used as currency in the market< (2) no organization or indivial is allowed to engage in the financing activities of token issuance illegally. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects< 4. Financial institutions and non bank payment institutions shall not carry out business related to token issuance and financing transactions

financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", It is not allowed to underwrite insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions< 5. The public should be highly alert to the potential risks in the financing and trading of token issuance

there are multiple risks in the financing and trading of token issuance, including the risk of false assets, the risk of business failure, the risk of investment speculation and so on. Investors should bear the investment risk on their own, and hope that the majority of investors will be wary of being cheated

for all kinds of illegal financial activities carried out by using the name of "currency", the public should strengthen the awareness of risk prevention and identification ability, and timely report relevant illegal clues.

3. Bitcoin is not a recognized currency. Every country in the world does not recognize bitcoin. Bitcoin is completely virtual. There are risks in buying bitcoin, so it is recommended to buy it carefully.

4. I don't know, but this company hasn't heard of it. I suggest you go to the field to have a look. After all, many of the current development companies are also famous for blockchain, but their own technical strength can't keep up. In order to prevent being cheated, I suggest you go to the field and compare several companies

6. IPFs is the interstellar file system
Western cloud Valley and smart community
Shaanxi ant cluster Digital Technology Co., Ltd. (formerly known as Shaanxi ant blockchain Technology Co., Ltd.) is newly established, and no more information can be found at present
interstellar file system is a network transport protocol designed to create persistent and distributed storage and sharing files. It is a content addressable peer-to-peer hypermedia distribution protocol. The nodes in IPFs network will form a distributed file system. It is an open source project developed by protocol labs with the help of the open source community since 2014
IPFs (interplanetary file system) is a file storage and content distribution network protocol that combines distributed hash tables (DHTs), BitTorrent, version control system git, self certified file systems (SFS) and blockchain. The comprehensive advantages of these systems bring remarkable characteristics to it:
1 Decentralized storage and sharing of files (DHTs stored in blockchain mode)
2. Peer to peer hypermedia: P2P stores various types of data (BitTorrent)
3. Versioning: traceable file modification history (GIT Merkle DAG Merkel directed acyclic graph))
4. Content addressable: identifying files by generating independent hash values from file contents, It is not identified by the location where the file is saved. Only one file with the same content will exist in the system, saving storage space.

7. unwanted. Bitcoin doesn't go through any bank

8. Bitcoin trading and trading in China are illegal and non-conforming
now trading is purchased through the non regulatory exchange platform, so there is no need to pay tax for the time being
there is no standard and no place to pay

9. I'm responsible to tell you that bitcoin is a scam. It takes so long to beat the drum. Now cash withdrawal is another way to cheat you