Post
Topic
Board Economics
Re: Why Bitcoin will collapse in price.
by
porc
on 07/12/2013, 20:48:05 UTC
Reread the thread: They force us by expecting us to pay capital gains taxes on every media of exchange thats not government currency.

Why is that a problem? If bitcoin value increases compared to local fiat it's good for the merchant. They will pay capital gains which are ONLY a fraction of such gain. If they lose value or stay the same, no problem.

Best regards,
ilpirata79

Think again: If Bitcoin should become money it has to be stable. It wont increase the entire time. Even today we have a volatile market so I cant be sure if I gain or loose.

Hint: Its about the paperwork. Thats why we dont have competition in media of exchange.