Quote from: rodskee on November 29, 2017, 01:33:09 AM

Quote from: dansmith_99 on November 29, 2017, 12:01:13 AM

Something that has been unclear to me is how will governments survive when fiat is nowhere to be seen and all or most monetary transactions happen via cryptocurrencies.

Since one of the most attractive aspects of crypto is that its anonymous and decentralized, how will governments be able to keep track of money and tax it.

government can got taxes from the goods everytime needs people to buy daily comsuption taxes will included base on the price of goods have an 10 to 12 percent taxes goes to the fund of government, i think if this happen regulation for bitcoin comes how to get taxes the government.

It's hard to put taxes on these Crypto's and most of the people want to legalize, but Govt might put Ban to these Cryptos.

people are greedy not to pay taxes and they may pay only some low cost goods using Crypto if the Crypto currencies will be in future.

Just think do you like to pay tax when you are able to buy save some money?

Now you see Xenforo license need to pay tax using Paypal, but if they accept Bitcoin none will pay that tax.