Post
Topic
Board Economics
Re: Bitcoin is Becoming a Global Currency
by
Karolus
on 17/06/2016, 01:11:49 UTC
most of these 'lower income' countries need bitcoin for protection from rampantly corrupt governments ... in such cases it is your duty to starve them of taxes which are levied criminally when there is no accounting for where the money gets spent/wasted

That mentality is what keeps those countries poor. Even countries with corrupt governments need tax revenue to provide for improvements. The less tax revenue, the fewer improvements. There is no way around that. Bitcoin isn't going to magically pay for public education, infrastructure, etc.