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 think government still survive. Every goods we buying with bitcoin or fiat money, already attached with taxes by government and i think if we buying goods in any merchant, government still get the VAT. I dont believe everyone using bitcoin for transaction if bitcoin regulated by most government in the world because many people still thinking bitcoin is investment like a gold