Quote from: Christian13 on January 12, 2018, 10:35:13 AM

Quote from: Paleus on December 06, 2016, 10:18:24 PM

As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default.

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i think when all people are using Bitcoin and focus to it and don't want to work in any job anymore you were right if this happened. since the world change by technology maybe Bitcoin can only change that income tax Not kill or Bitcoin can be taxable now if government notice that they don't have any worker available because they are all here in Bitcoin.

Maybe it doesn't really kill the income tax but it really affects the country's income taxation since there are many people who are in favor of being a self employed as
they see that there are good opportunity in bitcoin so they will resign from their stable job but still there are people who have not yet believe in bitcoin.