Quote from: snkneo on July 23, 2018, 09:42:02 PM

Quote from: Aveatrex on May 24, 2018, 09:26:17 PM

Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks

I'm sure many people will pay there taxes, and the government would crack down on those who are not. It's the only reason why I see they might "ban" it, because then it becomes a concern of national security.

But that is exactly the problem how are they going to crack down on bitcoin users, even with all the regulations put in place it is not like you cannot buy bitcoin face to face that way you do not leave a trace of your transactions, and even if they could create sting operations what it is going to stop the bitcoin holders to move to a country with friendly laws towards bitcoin.