Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Will Kill The Income Tax
by
davidny
on 14/02/2018, 10:05:45 UTC
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 don't think you are correct.
If the bitcoin we really be part of the money and paying method of the world I believe the governments we find a way to check who have bitcoin and how much.