Post
Topic
Board Economics
Re: Bitcoin is Freedom
by
Casabrandy
on 28/10/2016, 11:16:58 UTC
It is freedom as well as power to your pocket. It has eclipsed all the currencies that are controlled by the governments so it makes me look forward to greater things ahead. Lets advocate and promote the BTC, the more the people that use it, the more the governments realise everyone has a right to use their own wealth in their own desired way.

When paying with bitcoin will not be charged taxes since officially bitcoin is not a currency. This gives the opportunity to buy goods a bit cheaper. Bitcoin is a truly international currency, i.e. it is the same everywhere, and it is very convenient. Bitchy not controlled by anyone. They belong only to the public, and therefore politically it is difficult for them to work. No fee for the transfer of bitcoins. However, if the transfer is to be implemented immediately, you will have to pay the Commission that You will decide to pay (the more you pay, the faster the transfer) Impossible to counterfeit bitcoins, because it is very difficult. It is much easier to produce new.


This is what I'm liking about bitcoin since most of us doesn't want taxes, we can just simply use bitcoin to cover up those taxes that we are avoiding depending to the merchant if he is going to put some taxes for his own purpose for each goods that we will buy. That is why bitcoin is freedom, because a lot of things can be possible for avoiding taxes with it.

Actually there is still taxes when you convert bitcoin in fiat because you will be forced to convert coz there is just few merchants that accept bitcoin as mode of payment. So if convert btc to fiat, the tax that people avoiding will be subject on tax.