Post
Topic
Board Project Development
Re: [ANN] peatio.com the world's first 100 percent public owned bitcoin exchange
by
372174788
on 05/07/2013, 23:08:52 UTC
Quote
If enough places accept digital currencies directly this statement will be false.  It is a pretty bold statement. and probably myopic  to speak of 'always' as an absolute.

As long as nations require their citizens to pay taxes in fiat, then my statement will always be true. It doesn't matter how many goods or services can be purchased in Bitcoins, Litecoin, Feathercoin or other Crypto-currencies. If income is taxed and taxes are paid in fiat, then you will need to exchange your CC for fiat.


It seems that at this moment  compeletely solving the cc to fiat instant change problem is more imperative. Grin Grin Grin