Post
Topic
Board Economics
Re: Is Bitcoin the next big thing?
by
richardsNY
on 16/12/2017, 22:36:04 UTC
When we begin paying our taxes out of BTC, that is the moment when it had become 'the next big thing'

Not really. Who on earth will use his precious coins to pay their by-government-created debt? And if I remember correctly, there is already a country where you can use Bitcoin to pay your due taxes up to a certain amount. If we go by your logic, it means that Bitcoin has been 'the next big thing' for quite some time already. Aside from all this, Bitcoin is already in progress to become the next best thing, and that's by people utilizing Bitcoin's technical aspects (e.g. currency aspect, store of value aspect, voting and proof of identity purposes, etc). The more people utilize Bitcoin, the more valuable it becomes, it's that simple.