Post
Topic
Board Economics
Re: Does Bitcoin create a hole in the cycle of economy?
by
Klarks_C
on 23/07/2018, 00:30:02 UTC
This is ridiculous  Wink Many governments for years have had indirect ways to trace your income whether you declare it or not. So, in this way I don’t really see a big difference between good old cash that is traditionally used in the ‘shadow economy’/ ‘black market.’ Whenever a person tries to evade payment of taxes, s/he will easily succeed in it. At least for some time Wink But then the IRS and other authorities come into play. Remember Al Capone? Had he used btc, I believe the result would have been the same Smiley So, not to worry, btc just cannot “create a hole in the cycle of economy.”
It is a legit question that can across to the mind of any beginner.
  From the (production), the next bloc who will created, to the possessor of the last fraction of bitcoin from this bloc. The Bitcoin across  with so many events unknowns and unpredictable toward the "actual economy", and with gives that would act by so unpredictable and unknown way!

 That's why earlier in the beginning ,(2012 ~ 2014-2015), we'd remarked governments and decidants moving  in favor toward apprehend Bitcoin and integrate it (to the economic model).