Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
Adopting bitcoin 100% as a national currency by a country will not stop the collection of tax revenues....infact it will make even more effective! There are many hands though mostly in Africa countries where tax officials collect fiat and it never get to the government's accounts but with bitcoin any tax payer will make payments and keep all proofs to show upon requested! Adopting cryptocurrencies by countries is a great way to go similarly bitcoin is not going to ruin a country, bitcoin is providing opportunities to its people for investment and trading, so bitcoin can be a good tool to increase the status of a country economically. i think if government take serious step about bitcoin and regulate it then they can also impose tax on it and will certainly collect good tax from bitcoin.