Post
Topic
Board Speculation
Re: Is Bitcoin a Bubble?
by
Karakyli
on 17/05/2018, 15:42:40 UTC
National currencies are a legal tender, through which they pay taxes or repay debts. No state allows and will hardly ever allow paying taxes in bitcoins, as this will undermine the so-called seigniorage - the income from the issue - and will reduce the control over monetary circulation.