Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Will Kill The Income Tax
by
uchiha_madara
on 11/03/2018, 19:38:58 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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lol, I've read this and the presence of Bitcoin is like a disaster for the government