Do You think that at some point in our society, Cryptocurrency will be our daily fiat and be an essential part of our economy? Can you cite your ideas on how Cryptocurrency change our Fiat?
It will be in the future plan of bitcoin but if your asking if it's essential part of currency then we can contribute but issuing taxes on bitcoin. There's a cons about bitcoin coz it will be used by illegal activities
Even before the invention of bitcoin, corruption was there. People were involved in illegal activities with the help of traditional currencies, so it is a very lame excuse to reject bitcoin as a national currency or replacement of fiat. As far as taxes are concerned, there are many people who are not paying taxes even when they have all property in the form of traditional cash or gold etc. so this again is a lame excuse.